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TN SB1744
Bill
Status
Introduced
1/23/2018
Primary Sponsor
Jack Johnson
Click for details
AI Summary
Legislative Description
As introduced, exempts entities that would otherwise have less than $100 in combined franchise and excise tax liability from franchise and excise taxes for tax years that begin between July 1, 2018 and July 1 2019; gradually increases the exemption threshold to $500 for tax years that begin on or after July 1, 2020. - Amends TCA Title 67, Chapter 4, Part 20 and Title 67, Chapter 4, Part 21.
Taxes, Excise
Last Action
Assigned to General Subcommittee of Senate Finance, Ways, and Means Committee
4/23/2018
Committee Referrals
Finance, Ways and Means3/6/2018
Finance Subcommittee2/27/2018
Finance, Ways and Means1/25/2018
Full Bill Text
No bill text available