Bill Text: TN SB1198 | 2019-2020 | 111th General Assembly | Draft
Bill Title: As introduced, redefines "passive investment income" for family-owned noncorporate entities to include rents from commercial property for entities who qualified as an obligated member entity as of January 1, 2019. - Amends TCA Section 67-4-2008.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2019-03-26 - Assigned to General Subcommittee of Senate FW&M Revenue Subcommittee [SB1198 Detail]
Download: Tennessee-2019-SB1198-Draft.pdf