Bill Title: As introduced, exempts from real estate transfer tax, the transfer of any real estate where the transferor is a member, stock holder, or partner, the transferee is a limited liability company, corporation, or partnership, and the real estate so conveyed serves as a capital contribution to the business entity; also exempts transfers where the transferor is an LLC, corporation, or partnership, the transferee is an existing member, stock holder, or partner, and the property conveyed services as a distribution from the business entity. - Amends TCA Section 67-4-409.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2019-02-13 - Assigned to s/c Finance, Ways, and Means Subcommittee
[HB1397 Detail]
Note: Tennessee does not provide sufficient information to determine typical named revision of bills. Therefore only drafts are captured, the highest order draft will always be the current version.
Bill Drafts
| Revision | Date | Format | Source | View |
|---|
| Draft (#1) | 2019-02-06 | PDF | Link | View (#1) |
Amendments
| Amendment | Date | Disposition | Format | Source | View |
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| No bill amendments currently on file for Tennessee HB1397 |
Supplemental Documents
| Title | Description | Date | Format | Source | View |
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| Fiscal Note | SB1044 | Not Avail | PDF | Link | View |
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