TN SB2158 | 2019-2020 | 111th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 3-0)
Status: Passed on March 26 2020 - 100% progression
Action: 2020-03-26 - Pub. Ch. 606
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Partisan Bill (Republican 3-0)
Status: Passed on March 26 2020 - 100% progression
Action: 2020-03-26 - Pub. Ch. 606
Text: Latest bill text (Chaptered) [PDF]
Summary
As enacted, authorizes tax credits for privilege and excise taxes equal to 75 percent of the purchase price of brownfield property purchased in a tier 3 or tier 4 enhancement county for the purpose of a qualified development project; makes other revisions regarding tax credits for brownfield properties. - Amends TCA Section 67-4-2009.
Title
As enacted, authorizes tax credits for privilege and excise taxes equal to 75 percent of the purchase price of brownfield property purchased in a tier 3 or tier 4 enhancement county for the purpose of a qualified development project; makes other revisions regarding tax credits for brownfield properties. - Amends TCA Section 67-4-2009.
Sponsors
Roll Calls
2020-03-12 - House - FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION (Y: 94 N: 0 NV: 0 Abs: 0) [PASS]
2020-02-27 - Senate - FLOOR VOTE: Motion to Adopt (Y: 32 N: 0 NV: 0 Abs: 0) [PASS]
2020-02-25 - Senate - SENATE FINANCE, WAYS AND MEANS COMMITTEE: Recommended for passage, refer to Senate Calendar Committee (Y: 10 N: 0 NV: 0 Abs: 0) [PASS]
2020-02-27 - Senate - FLOOR VOTE: Motion to Adopt (Y: 32 N: 0 NV: 0 Abs: 0) [PASS]
2020-02-25 - Senate - SENATE FINANCE, WAYS AND MEANS COMMITTEE: Recommended for passage, refer to Senate Calendar Committee (Y: 10 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2020-03-26 | Pub. Ch. 606 | |
| 2020-03-26 | Effective date(s) 07/01/2020 | |
| 2020-03-20 | Senate | Signed by Governor. |
| 2020-03-17 | Senate | Transmitted to Governor for action. |
| 2020-03-16 | House | Signed by H. Speaker |
| 2020-03-16 | Senate | Signed by Senate Speaker |
| 2020-03-13 | Senate | Enrolled and ready for signatures |
| 2020-03-12 | House | Passed H., Ayes 95, Nays 0, PNV 0 |
| 2020-03-12 | House | Subst. for comp. HB. |
| 2020-03-02 | House | Rcvd. from S., held on H. desk. |
| 2020-02-27 | Senate | Engrossed; ready for transmission to House |
| 2020-02-27 | Senate | Passed Senate, Ayes 32, Nays 0 |
| 2020-02-25 | Senate | Placed on Senate Consent Calendar 2 for 2/27/2020 |
| 2020-02-25 | Senate | Recommended for passage, refer to Senate Calendar Committee |
| 2020-02-18 | Senate | Placed on Senate Finance, Ways, and Means Committee calendar for 2/25/2020 |
| 2020-02-18 | Senate | Refer to Senate Finance, Ways & Means Committee w/ recommendation |
| 2020-02-11 | Senate | Placed on Senate FW&M Revenue Subcommittee calendar for 2/18/2020 |
| 2020-02-11 | Senate | Refer to Senate F,W&M Revenue Subcommittee |
| 2020-02-10 | Senate | Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee |
| 2020-02-06 | Senate | Introduced, Passed on First Consideration |
| 2020-02-03 | Senate | Filed for introduction |
Same As/Similar To
HB2227 (Crossfiled) 2020-03-26 - Comp. became Pub. Ch. 606
