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TN HB1689

Bill

Status

Introduced

1/18/2018

Primary Sponsor

Ron Gant

Click for details

Origin

House of Representatives

110th General Assembly

AI Summary

Legislative Description

As introduced, reverses Tennessee's decoupling from federal bonus depreciation for excise tax purposes; deletes requirement that bonus depreciation taken as a deduction on federal income tax return be added back to taxpayer's income in calculating net earnings for Tennessee excise tax purposes. - Amends TCA Section 67-4-2006.

Taxes, Excise

Last Action

Taken off notice for cal in s/c Finance, Ways & Means Subcommittee of Finance, Ways & Means Committee

4/18/2018

Committee Referrals

Finance, Ways & Means Subcommittee2/21/2018
Finance, Ways & Means1/24/2018

Full Bill Text

No bill text available