TN HB2745 | 2023-2024 | 113th General Assembly
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 31 2024 - 25% progression
Action: 2024-03-13 - Taken off notice for cal in s/c Finance, Ways, and Means Subcommittee of Finance, Ways, and Means Committee
Text: Latest bill text (Draft #1) [PDF]
Status: Introduced on January 31 2024 - 25% progression
Action: 2024-03-13 - Taken off notice for cal in s/c Finance, Ways, and Means Subcommittee of Finance, Ways, and Means Committee
Text: Latest bill text (Draft #1) [PDF]
Summary
As introduced, requires the department of revenue to submit, by January 1, 2026, a one-time report to the finance, ways and means committees of the house of representatives and the senate concerning the revenue effects of certain amendments made to the provision of the Franchise Tax Law of 1999 that determines the apportionment of a taxpayer's net worth. - Amends TCA Title 67, Chapter 4, Part 21.
Title
AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 4, Part 21, relative to franchise tax.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-03-13 | House | Taken off notice for cal in s/c Finance, Ways, and Means Subcommittee of Finance, Ways, and Means Committee |
| 2024-03-12 | House | Sponsor(s) Added. |
| 2024-03-06 | House | Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/13/2024 |
| 2024-02-28 | House | Assigned to s/c Finance, Ways, and Means Subcommittee |
| 2024-02-28 | House | Ref. to Finance, Ways, and Means Committee |
| 2024-02-05 | House | P2C, caption bill, held on desk - pending amdt. |
| 2024-02-01 | House | Intro., P1C. |
| 2024-01-31 | House | Filed for introduction |
Same As/Similar To
SB2198 (Crossfiled) 2024-03-19 - Refer to Senate Finance, Ways & Means Committee w/ negative recommendation, as amended
