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TN SB3404
Bill
Status
Introduced
1/26/2012
Primary Sponsor
Doug Overbey
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AI Summary
Legislative Description
As introduced, requires qualified TNInvestco entities to prepare and report financial statements to the state on the same basis of accounting under which the qualified TNInvestco files its federal income tax returns; provides that such financial statements shall not be based on generally accepted accounting principles (GAAP). - Amends TCA Section 4-28-110 and Section 8-4-116.
Auditing
Last Action
Action Def. in S. C,L&A Comm. to 3/20/2012
3/13/2012
Committee Referrals
Commerce, Labor & Agriculture2/1/2012
Full Bill Text
No bill text available