TN HB2134 | 2023-2024 | 113th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 25 2024 - 25% progression, died in chamber
Action: 2024-01-31 - Assigned to s/c Finance, Ways, and Means Subcommittee
Text: Latest bill text (Draft #2) [PDF]
Status: Introduced on January 25 2024 - 25% progression, died in chamber
Action: 2024-01-31 - Assigned to s/c Finance, Ways, and Means Subcommittee
Text: Latest bill text (Draft #2) [PDF]
Summary
As introduced, retroactively allows employers to take a deduction from net earnings for state excise tax filing purposes, in the amount of expenses, including wages and compensation, associated with their employee retention credit allowable on their federal payroll tax return. - Amends TCA Title 67, Chapter 4, Part 20 and Title 67, Chapter 4, Part 21.
Title
AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 4, Part 20 and Title 67, Chapter 4, Part 21, relative to taxation of federal employee retention credits.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-01-31 | House | Assigned to s/c Finance, Ways, and Means Subcommittee |
| 2024-01-31 | House | P2C, ref. to Finance, Ways, and Means Committee |
| 2024-01-29 | House | Intro., P1C. |
| 2024-01-25 | House | Filed for introduction |
Same As/Similar To
SB2694 (Crossfiled) 2024-04-19 - Placed on Senate Finance, Ways, and Means Committee calendar for 4/23/2024
