TN SB1311 | 2023-2024 | 113th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 31 2023 - 25% progression, died in committee
Action: 2023-02-06 - Passed on Second Consideration, refer to Senate Commerce and Labor Committee
Pending: Senate Commerce and Labor Committee
Text: Latest bill text (Draft #1) [PDF]
Status: Introduced on January 31 2023 - 25% progression, died in committee
Action: 2023-02-06 - Passed on Second Consideration, refer to Senate Commerce and Labor Committee
Pending: Senate Commerce and Labor Committee
Text: Latest bill text (Draft #1) [PDF]
Summary
As introduced, changes the date, from March 19 to March 18, 1991, of authorization for an insurance company affiliate to be considered eligible for a tax credit based on the affiliate's reinsurance agreement with an insurance company, in which the tax imposed on gross premiums is allocated from the ceding company to the reinsuring company and allows the reinsuring company to use the premium tax liability as a tax credit. - Amends TCA Title 56 and Title 67.
Title
AN ACT to amend Tennessee Code Annotated, Title 56 and Title 67, relative to tax relief.
Sponsors
| Sen. Paul Bailey [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2023-02-06 | Senate | Passed on Second Consideration, refer to Senate Commerce and Labor Committee |
| 2023-02-02 | Senate | Introduced, Passed on First Consideration |
| 2023-01-31 | Senate | Filed for introduction |
Same As/Similar To
HB1200 (Crossfiled) 2023-02-02 - P2C, caption bill, held on desk - pending amdt.
