SB 1198 Tennessee Senate · 111th Regular Session (2019-2020)

Taxes, Excise - As introduced, redefines "passive investment income" for family-owned noncorporate entities to include rents from commercial property for entities who qualified as an obligated member entity as of January 1, 2019. - Amends TCA Section 67-4-2008.

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2019

Committee Review

Floor Vote

Governor

Introduced Feb 6, 2019 Last action Mar 28, 2019

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 26, 2019

Committee

Assigned to General Subcommittee of Senate FW&M Revenue Subcommittee

upper

Mar 20, 2019

Lower · Passed

Placed on cal. Calendar & Rules Committee for 3/21/2019

lower

Mar 19, 2019

Lower · Passed

Rec. for pass; ref to Calendar & Rules Committee

lower

Mar 19, 2019

Upper · Passed

Action deferred in Senate FW&M Revenue Subcommittee to 3/26/2019

upper

Mar 19, 2019

Upper · Passed

Placed on Senate FW&M Revenue Subcommittee calendar for 3/26/2019

upper

Mar 13, 2019

Lower · Passed

Rec. for pass by s/c ref. to Finance, Ways, and Means Committee

lower

Mar 13, 2019

Lower · Passed

Placed on cal. Finance, Ways, and Means Committee for 3/19/2019

lower

Mar 12, 2019

Upper · Passed

Placed on Senate FW&M Revenue Subcommittee calendar for 3/19/2019

upper

Mar 6, 2019

Lower · Passed

Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/13/2019

lower

Feb 19, 2019

Upper · Passed

Refer to Senate F,W&M Revenue Subcommittee

upper

Feb 13, 2019

Committee

Assigned to s/c Finance, Ways, and Means Subcommittee

lower

Feb 11, 2019

Committee

P2C, ref. to Finance, Ways, and Means Committee

lower

Feb 11, 2019

Upper · Passed

Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee

upper

Feb 7, 2019

Introduced

Introduced, Passed on First Consideration

upper

Feb 6, 2019

Introduced

Intro.

lower

1 primary · 0 co-sponsors