TN SB0324 | 2015-2016 | 109th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 3 2015 - 25% progression, died in chamber
Action: 2015-03-31 - Assigned to General Subcommittee of Senate FW&M Revenue Subcommittee
Text: Latest bill text (Draft #1) [PDF]
Status: Introduced on February 3 2015 - 25% progression, died in chamber
Action: 2015-03-31 - Assigned to General Subcommittee of Senate FW&M Revenue Subcommittee
Text: Latest bill text (Draft #1) [PDF]
Summary
As introduced, increases weight given to the sales factor under the statutory apportionment formula used to calculate net worth for franchise taxes and net earnings for excise taxes; revises other related provisions. - Amends TCA Title 67, Chapter 4, Part 20 and Title 67, Chapter 4, Part 21.
Title
As introduced, increases weight given to the sales factor under the statutory apportionment formula used to calculate net worth for franchise taxes and net earnings for excise taxes; revises other related provisions. - Amends TCA Title 67, Chapter 4, Part 20 and Title 67, Chapter 4, Part 21.
Sponsors
| Sen. Mark Norris [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2015-03-31 | Senate | Assigned to General Subcommittee of Senate FW&M Revenue Subcommittee |
| 2015-03-26 | Senate | Placed on Senate FW&M Revenue Subcommittee calendar for 3/31/2015 |
| 2015-03-24 | Senate | Action deferred in Senate FW&M Revenue Subcommittee to 3/31/2015 |
| 2015-03-18 | Senate | Placed on Senate FW&M Revenue Subcommittee calendar for 3/24/2015 |
| 2015-03-17 | Senate | Action deferred in Senate FW&M Revenue Subcommittee to 3/24/2015 |
| 2015-03-11 | Senate | Placed on Senate FW&M Revenue Subcommittee calendar for 3/17/2015 |
| 2015-02-19 | Senate | Refer to Senate Revenue Subcommittee |
| 2015-02-11 | Senate | Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee |
| 2015-02-09 | Senate | Introduced, Passed on First Consideration |
| 2015-02-03 | Senate | Filed for introduction |
Same As/Similar To
HB0213 (Crossfiled) 2015-04-08 - Taken off notice for cal in s/c Finance, Ways & Means Subcommittee of Finance, Ways & Means Committee
Subjects
Tennessee State Sources
| Type | Source |
|---|---|
| Summary | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB0324&ga=109 |
| Text | https://www.capitol.tn.gov/Bills/109/Bill/SB0324.pdf |
