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Bill Title: As introduced, contingent upon revenue growth exceeding three percent in any fiscal year, reduces the Hall income tax, which is presently levied by the state, until it reaches zero percent; upon the state tax rate reaching zero percent, allows local governments to levy a like tax not to exceed 2.25 percent, if the ordinance or resolution levying the tax is approved within two years. - Amends TCA Title 67, Chapter 2.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Introduced - Dead) 2015-03-30 - Sponsor(s) Added. [HB1358 Detail]

Download: Tennessee-2015-HB1358-Draft.pdf

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