Taxes, Franchise - As introduced, requires the department of revenue to submit, by January 1, 2026, a one-time report to the finance, ways and means committees of the house of representatives and the senate concerning the revenue effects of certain amendments made to the provision of the Franchise Tax Law of 1999 that determines the apportionment of a taxpayer's net worth. - Amends TCA Title 67, Chapter 4, Part 21.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2024
Committee Review
Floor Vote
Governor
Introduced Feb 1, 2024
Last action Mar 13, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
8
Key actions
2
Committee
4
Mar 13, 2024
Lower · Passed
Taken off notice for cal in s/c Finance, Ways, and Means Subcommittee of Finance, Ways, and Means Committee
lower
Mar 6, 2024
Lower · Passed
Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/13/2024
lower
Feb 28, 2024
Committee
Ref. to Finance, Ways, and Means Committee
lower
Feb 28, 2024
Committee
Assigned to s/c Finance, Ways, and Means Subcommittee
lower
Feb 1, 2024
Introduced
Intro., P1C.
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
John Clemmons
DDemocratic
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