Bill Title: As introduced, reverses Tennessee's decoupling from federal bonus depreciation for excise tax purposes; deletes requirement that bonus depreciation taken as a deduction on federal income tax return be added back to taxpayer's income in calculating net earnings for Tennessee excise tax purposes. - Amends TCA Section 67-4-2006.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2018-03-13 - Assigned to General Subcommittee of Senate Finance, Ways & Means Committee [SB1672 Detail]

Text: Latest bill text (Draft #1) [PDF]

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Sponsors

Name	Type	Sponsorship	District	Financial	Encyclopedia	Biography
Senator Mark Green [R]	Primary	Sponsored Bills	SD-022	FollowTheMoney	Ballotpedia	VoteSmart

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