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TN SB3601

Bill

Status

Introduced

1/26/2012

Primary Sponsor

Joe Haynes

Click for details

Origin

Senate

107th General Assembly

AI Summary

Legislative Description

As introduced, authorizes a franchise and excise tax credit of $1,000 for each unemployed person hired by a qualified small business; conditions the credit on the creation of at least five new qualified jobs; requires verification that unemployed persons have at least 20 weeks of unemployment benefits remaining as of the date of hire. - Amends TCA Title 67, Chapter 4, Part 21.

Taxes, Exemption and Credits

Last Action

Placed on S. FW&M Comm. cal. for 4/27/2012

4/27/2012

Committee Referrals

Subcommittee on Tax2/7/2012
Finance, Ways and Means2/1/2012

Full Bill Text

No bill text available