Bill Title: As introduced, prohibits income tax on any income derived from any stock in any entity doing business in this state that is a bank holding company, a corporation that elects to pass corporate income, losses, deductions and credit through to their shareholders for federal tax purposes and the owner of a controlling interest in a Tennessee state bank or savings institution, national bank or federally chartered savings institution. - Amends TCA Title 67.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Introduced - Dead) 2013-04-18 - Placed on S. FW&M Comm. cal. for 4/18/2013 [SB0427 Detail]

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

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