TN HB1939 | 2019-2020 | 111th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 28 2020 - 25% progression, died in chamber
Action: 2020-01-30 - P2C, caption bill, held on desk - pending amdt.
Text: Latest bill text (Draft #1) [PDF]
Status: Introduced on January 28 2020 - 25% progression, died in chamber
Action: 2020-01-30 - P2C, caption bill, held on desk - pending amdt.
Text: Latest bill text (Draft #1) [PDF]
Summary
As introduced, expands the current exemption from sales and use tax for tangible personal property held by a sole proprietorship that incorporates as a corporation, to the tangible personal property of a sole proprietorship that organizes as a limited liability company. - Amends TCA Title 67.
Title
As introduced, expands the current exemption from sales and use tax for tangible personal property held by a sole proprietorship that incorporates as a corporation, to the tangible personal property of a sole proprietorship that organizes as a limited liability company. - Amends TCA Title 67.
Sponsors
| Rep. Gary Hicks [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2020-01-30 | House | P2C, caption bill, held on desk - pending amdt. |
| 2020-01-29 | House | Intro., P1C. |
| 2020-01-28 | House | Filed for introduction |
Same As/Similar To
SB1884 (Crossfiled) 2020-03-11 - Assigned to General Subcommittee of Senate FW&M Revenue Subcommittee
