Tennessee House Bill 2367 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 1 2018 - 25% progression, died in chamber
Action: 2018-02-07 - Assigned to s/c Finance, Ways & Means Subcommittee
Text: Latest bill text (Draft #1) [PDF]

As introduced, excludes from definition of "sale" in Business Tax Act the transfer of services or tangible personal property from an advertising agency to an advertising agency client when the advertising agency is acting as the agent of the client in purchasing media time, space, placement, or goods and when there is a contract standard in the advertising industry between the advertising agency and the advertising agency client for the advertising agency to act as a purchasing agent. - Amends TCA Title 67, Chapter 4, Part 7.

As introduced, excludes from definition of "sale" in Business Tax Act the transfer of services or tangible personal property from an advertising agency to an advertising agency client when the advertising agency is acting as the agent of the client in purchasing media time, space, placement, or goods and when there is a contract standard in the advertising industry between the advertising agency and the advertising agency client for the advertising agency to act as a purchasing agent. - Amends TCA Title 67, Chapter 4, Part 7.

Rep. Susan Lynn [R]

Date	Chamber	Action
2018-02-07	House	Assigned to s/c Finance, Ways & Means Subcommittee
2018-02-07	House	P2C, ref. to Finance, Ways & Means Committee
2018-02-05	House	P1C.
2018-02-01	House	Intro.
2018-02-01	House	Filed for intro.

SB2100 (Crossfiled) 2018-02-27 - Assigned to General Subcommittee of Senate F,W&M Revenue Subcommittee

Type	Source
Summary	https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB2367&ga=110
Text	https://www.capitol.tn.gov/Bills/110/Bill/HB2367.pdf
Supplement	https://www.capitol.tn.gov/Bills/110/Fiscal/SB2100.pdf