TN SB2198 | 2023-2024 | 113th General Assembly
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 30 2024 - 25% progression
Action: 2024-03-19 - Refer to Senate Finance, Ways & Means Committee w/ negative recommendation, as amended
Pending: Senate Finance, Ways and Means Committee
Text: Latest bill text (Draft #3) [PDF]
Status: Introduced on January 30 2024 - 25% progression
Action: 2024-03-19 - Refer to Senate Finance, Ways & Means Committee w/ negative recommendation, as amended
Pending: Senate Finance, Ways and Means Committee
Text: Latest bill text (Draft #3) [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 |
|---|---|---|
| 2024-03-19 | Senate | Refer to Senate Finance, Ways & Means Committee w/ negative recommendation, as amended |
| 2024-03-12 | Senate | Placed on Senate FW&M Revenue Subcommittee calendar for 3/19/2024 |
| 2024-03-12 | Senate | Action deferred in Senate FW&M Revenue Subcommittee to 3/19/2024 |
| 2024-03-05 | Senate | Placed on Senate FW&M Revenue Subcommittee calendar for 3/12/2024 |
| 2024-03-05 | Senate | Action deferred in Senate FW&M Revenue Subcommittee to 3/12/2024 |
| 2024-02-27 | Senate | Placed on Senate FW&M Revenue Subcommittee calendar for 3/5/2024 |
| 2024-02-13 | Senate | Refer to Senate F,W&M Revenue Subcommittee |
| 2024-02-01 | Senate | Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee |
| 2024-01-31 | Senate | Introduced, Passed on First Consideration |
| 2024-01-30 | Senate | Sponsor(s) Added. |
| 2024-01-30 | Senate | Sponsor change. |
| 2024-01-30 | Senate | Filed for introduction |
Same As/Similar To
HB2745 (Crossfiled) 2024-03-13 - Taken off notice for cal in s/c Finance, Ways, and Means Subcommittee of Finance, Ways, and Means Committee
