Taxes, Excise - As introduced, retroactively allows employers to take a deduction from net earnings for state excise tax filing purposes, in the amount of expenses, including wages and compensation, associated with their employee retention credit allowable on their federal payroll tax return. - Amends TCA Title 67, Chapter 4, Part 20 and Title 67, Chapter 4, Part 21.
Bill status
passed
3 of 5 stages cleared
Introduction
Feb 2024
Committee Review
Apr 2024
Senate Passage
Feb 2024
House Passage
Governor
Introduced Feb 1, 2024
Last action Apr 19, 2024
Floor votes
How they voted
This bill passed the Senate. No roll call record of that vote is available.
Full legislative history
Actions timeline
Total actions
10
Key actions
8
Committee
7
Apr 19, 2024
Upper · Passed
Placed on Senate Finance, Ways, and Means Committee calendar for 4/23/2024
upper
Apr 11, 2024
Upper · Passed
Placed on Senate Finance, Ways, and Means Committee calendar for 4/15/2024
upper
Mar 12, 2024
Upper · Passed
Refer to Senate Finance, Ways & Means Committee w/ negative recommendation
upper
Mar 5, 2024
Upper · Passed
Action deferred in Senate FW&M Revenue Subcommittee to 3/12/2024
upper
Mar 5, 2024
Upper · Passed
Placed on Senate FW&M Revenue Subcommittee calendar for 3/12/2024
upper
Feb 27, 2024
Upper · Passed
Placed on Senate FW&M Revenue Subcommittee calendar for 3/5/2024
upper
Feb 20, 2024
Upper · Passed
Refer to Senate F,W&M Revenue Subcommittee
upper
Feb 5, 2024
Upper · Passed
Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee
upper
Feb 1, 2024
Introduced
Introduced, Passed on First Consideration
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Steve Southerland
RRepublican
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