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TN SB1313
Bill
Status
Introduced
2/12/2015
Primary Sponsor
Randy McNally
Click for details
AI Summary
Legislative Description
As introduced, for tax years beginning on or after July 1, 2016, authorizes qualified manufacturing taxpayers that meet certain investment, job creation, and other criteria to use a special apportionment formula for calculating net earnings for excise tax purposes; increases annually the weight afforded to the receipts factor in the special apportionment formula until receipts is the sole factor. - Amends TCA Title 67, Chapter 4.
Taxes, Excise
Last Action
Refer to Senate Finance, Ways, and Means Committee w/recommend, as amended
3/31/2015
Committee Referrals
Finance, Ways and Means3/31/2015
Revenue Subcommittee3/24/2015
Finance, Ways and Means2/18/2015
Full Bill Text
No bill text available