Bill Title: As enacted, specifies additional circumstances under which the commissioner of revenue may waive penalties for delinquent franchise and excise taxes; alters the formula for calculating quarterly estimated payments for franchise and excise taxes; reduces penalties for deficient or delinquent estimated franchise and excise tax payments from 5 percent to 2 percent per month; makes other related revisions. - Amends TCA Title 67.

Spectrum: Partisan Bill (Republican 4-0)

Status: (Passed) 2016-05-02 - Pub. Ch. 881 [HB1554 Detail]

Text: Latest bill text (Draft #2) [PDF]

---

Voting Records

Chamber	Vote	Date	Yea	Nay	NV	Abs	Total	Result	Source	View
Senate	FLOOR VOTE: THIRD CONSIDERATION	2016-04-19	33	0	0	0	33	Passed	Link	View
House	FLOOR VOTE: AS AMENDED PASSAGE ON THIRD CONSIDERATION	2016-03-24	95	0	0	0	95	Passed	Link	View

Social Comments on TN HB1554