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TN SB0008

Bill

Status

Introduced

1/4/2017

Primary Sponsor

Mark Green

Click for details

Origin

Senate

110th General Assembly

AI Summary

Legislative Description

As introduced, changes the statutory apportionment formula used to calculate franchise and excise taxes from a three-factor formula to a single-sales-factor formula. - Amends TCA Title 67, Chapter 4.

Taxes, Excise

Last Action

Refer to Senate Finance, Ways & Means Committee w/ neutral recommendation

3/21/2017

Committee Referrals

Finance, Ways and Means3/21/2017
Revenue Subcommittee2/14/2017
Finance, Ways and Means1/30/2017

Full Bill Text

No bill text available