TN SB1811 | 2009-2010 | 106th General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 12 2009 - 25% progression, died in chamber
Action: 2009-03-11 - Assigned to Gen. Sub of: S. Tax Sub Committee of F,W&M.
Text: Latest bill text (Draft #1) [PDF]
Status: Introduced on February 12 2009 - 25% progression, died in chamber
Action: 2009-03-11 - Assigned to Gen. Sub of: S. Tax Sub Committee of F,W&M.
Text: Latest bill text (Draft #1) [PDF]
Summary
As introduced, authorizes the creation of a municipal economic development zone in financially distressed communities; exempts businesses located in such zones from charging and collecting 50 percent of the sales and use tax; dedicates all sales taxes collected in such zones to the creating municipality for certain purposes. - Amends TCA Title 5; Title 6; Title 7 and Title 67.
Title
As introduced, authorizes the creation of a municipal economic development zone in financially distressed communities; exempts businesses located in such zones from charging and collecting 50 percent of the sales and use tax; dedicates all sales taxes collected in such zones to the creating municipality for certain purposes. - Amends TCA Title 5; Title 6; Title 7 and Title 67.
Sponsors
| Sen. Roy Herron [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2009-03-11 | Assigned to Gen. Sub of: S. Tax Sub Committee of F,W&M. | |
| 2009-03-04 | Placed on S. Tax Sub Committee of F,W&M. cal. for 03/11/2009 | |
| 2009-02-25 | Ref. to S. Tax Sub Comm. | |
| 2009-02-18 | P2C, ref. to S. FW&M Comm. | |
| 2009-02-12 | Intro., P1C. | |
| 2009-02-12 | Filed for intro. |
Same As/Similar To
HB0492 (Crossfiled) 2009-04-22 - Taken Off Notice For Cal. in s/c Budget of FW&M of Finance, Ways & Means Committee
Subjects
Tennessee State Sources
| Type | Source |
|---|---|
| Summary | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB1811&ga=106 |
| Text | https://www.capitol.tn.gov/Bills/106/Bill/SB1811.pdf |
