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TN SB3666

Bill

Status

Failed

4/18/2012

Primary Sponsor

James Kyle

Click for details

Origin

Senate

107th General Assembly

AI Summary

Legislative Description

As introduced, directs the commissioner of revenue to reduce the state sales tax rate on food if there is a surplus of state revenue collected above budgeted estimates in a fiscal year; reserves one-half of such surplus for additional Tennessee student assistance awards. - Amends TCA Title 67, Chapter 6.

Taxes, Sales

Last Action

Failed in S. F,W&M Comm.

4/18/2012

Committee Referrals

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

Full Bill Text

No bill text available