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TN HB1554
Bill
Status
Passed
5/2/2016
Primary Sponsor
Gerald McCormick
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AI Summary
Legislative Description
As enacted, specifies additional circumstances under which the commissioner of revenue may waive penalties for delinquent franchise and excise taxes; alters the formula for calculating quarterly estimated payments for franchise and excise taxes; reduces penalties for deficient or delinquent estimated franchise and excise tax payments from 5 percent to 2 percent per month; makes other related revisions. - Amends TCA Title 67.
Taxes
Last Action
Pub. Ch. 881
5/2/2016
Committee Referrals
Calendar and Rules3/15/2016
Finance, Ways & Means2/10/2016
Finance, Ways & Means Subcommittee2/3/2016
Finance, Ways & Means1/14/2016
Full Bill Text
No bill text available