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TN HB1536

Bill

Official Source

Status

Passed

5/5/2016

Primary Sponsor

Gerald McCormick

Click for details

Origin

House of Representatives

109th General Assembly

AI Summary

Legislative Description

As enacted, establishes a tax credit equal to 33 percent of the value of cash investments made in certain companies by an "angel investor" against the angel investor's Hall income tax liability. - Amends TCA Title 67, Chapter 2.

Taxes, Exemption and Credits

Last Action

Comp. became Pub. Ch. 1055

5/5/2016

Committee Referrals

Finance, Ways & Means4/19/2016
Finance, Ways & Means Subcommittee3/16/2016
Finance, Ways & Means3/9/2016
Business and Utilities3/1/2016
Business and Utilities Subcommittee2/17/2016
Business and Utilities1/14/2016

Full Bill Text

No bill text available