TN SB0355 | 2021-2022 | 112th General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 1 2021 - 25% progression, died in chamber
Action: 2021-02-10 - Withdrawn.
Text: Latest bill text (Draft #2) [PDF]

Summary

As introduced, creates a rural relocation tax credit for certain out-of-state businesses that relocate to tier 3 and tier 4 enhancement counties with a population less than 50,000 that can be applied against the business's franchise and excise tax liability. - Amends TCA Title 67, Chapter 4.

Tracking Information

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Title

AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 4, relative to job tax credits.

Sponsors


History

DateChamberAction
2021-02-10SenateWithdrawn.
2021-02-10SenateRecalled from Senate Finance, Ways & Means Committee
2021-02-10SenatePassed on Second Consideration, refer to Senate Finance, Ways, and Means Committee
2021-02-08SenateIntroduced, Passed on First Consideration
2021-02-01SenateFiled for introduction

Same As/Similar To

HB0045 (Crossfiled) 2021-02-10 - Withdrawn.

Subjects


Tennessee State Sources


Bill Comments

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