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TN SB0447

Bill

Status

Introduced

2/9/2015

Primary Sponsor

Doug Overbey

Click for details

Origin

Senate

109th General Assembly

AI Summary

Legislative Description

As introduced, allows a franchise tax credit of 10 percent of the value of new, unused equipment donated by a taxpayer to a public or private nonprofit higher education institution in this state. - Amends TCA Title 67, Chapter 4, Part 20 and Title 67, Chapter 4, Part 21.

Taxes, Exemption and Credits

Last Action

Action deferred in Senate FW&M Revenue Subcommittee to 3/24/2015

3/17/2015

Committee Referrals

Revenue Subcommittee3/17/2015
Finance, Ways and Means2/12/2015

Full Bill Text

No bill text available