Taxes, Privilege

State (Tennessee)
Tennessee 108th General Assembly

As introduced, phases out the privilege tax on persons engaged in certain occupations by annually decreasing it by 10 percent over the next 10 years; eliminates the tax in 2023 and thereafter. - Amends TCA Title 67, Chapter 4, Part 17. [HB-318] [Taxes ] [Labor, Jobs, Employment ] [Small Business ]
As introduced, phases out the privilege tax on persons engaged in certain occupations by annually decreasing it by 10 percent over the next 10 years; eliminates the tax in 2023 and thereafter. - Amends TCA Title 67, Chapter 4, Part 17.

  

Sponsored by: Sen. Janince Bowling Assigned To S/c Finance, Ways & Means Subcommittee on 02/05/2013

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State (Tennessee)
Tennessee 108th General Assembly

As introduced, extends the levy of the nursing home tax of $2,225 per licensed bed per year from June 30, 2013, to June 30, 2015. - Amends TCA Title 68, Chapter 11, Part 2. [HB-185] [Healthcare ] [Taxes ] [Medicare and Medicaid ] [Budget and Spending ] [Senior Citizens ]
As introduced, extends the levy of the nursing home tax of $2,225 per licensed bed per year from June 30, 2013, to June 30, 2015. - Amends TCA Title 68, Chapter 11, Part 2.

  

Sponsored by: Rep. Gerald McCormick Taken Off Notice For Cal. In S/c Finance, Ways & Means Subcommittee Of Finance, Ways & Means Committee on 04/18/2013

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State (Tennessee)
Tennessee 108th General Assembly

As enacted, authorizes municipalities located in Sevier County to impose certain privilege taxes to the same extent other municipalities located in the county have imposed such taxes by private act; specifies that 75 percent of the proceeds collected from any tax imposed pursuant to this bill will be used for tourism promotion; tourism infrastructure, including but not limited to, municipally-owned or operated event centers and golf courses; and tourism advertising. - Amends TCA Title 67. [HB-23] [Taxes ] [Tourism ] [Infrastructure ] [Economic Development ] [Funding ]
As enacted, authorizes municipalities located in Sevier County to impose certain privilege taxes to the same extent other municipalities located in the county have imposed such taxes by private act; specifies that 75 percent of the proceeds collected from any tax imposed pursuant to this bill will be used for tourism promotion; tourism infrastructure, including but not limited to, municipally-owned or operated event centers and golf courses; and tourism advertising. - Amends TCA Title 67.

  

Sponsored by: Sen. Doug Overbey Pub. Ch. 108 on 04/17/2013

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State (Tennessee)
Tennessee 108th General Assembly

As enacted, urges the commissioner of revenue to study the advisability of using the profitability ratio for the type of occupation in determining the amount of the professional privilege tax; requests findings be reported to the finance, ways and means committees by January 15, 2014. - Amends TCA Title 67, Chapter 4, Part 17. [HB-20] [Taxes ] [Finance ] [Labor, Jobs, Employment ]
As enacted, urges the commissioner of revenue to study the advisability of using the profitability ratio for the type of occupation in determining the amount of the professional privilege tax; requests findings be reported to the finance, ways and means committees by January 15, 2014. - Amends TCA Title 67, Chapter 4, Part 17.

  

Sponsored by: Sen. Randy McNally Comp. Became Pub. Ch. 419 on 05/22/2013

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State (Tennessee)
Tennessee 107th General Assembly

As enacted, reduces the rate of assessment for the realty recordation tax. - Amends TCA Section 67-4-409. [SB-2962] [Real Estate ] [Taxes ]
As enacted, reduces the rate of assessment for the realty recordation tax. - Amends TCA Section 67-4-409.

  

Sponsored by: Sen. Ken Yager Comp. Became Pub. Ch. 792 on 04/27/2012

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State (Tennessee)
Tennessee 107th General Assembly

As introduced, abolishes the recordation tax and abolishes the wetland acquistion fund, the local parks land acquisition fund, the state land acquistion fund and the agricultural resource conservation fund, which funds derive funding from the recordation tax. - Amends TCA Section 67-4-409. [SB-2726] [Taxes ] [Environmental ] [Agriculture ] [Budget and Spending ] [Public Lands and National Parks ]
As introduced, abolishes the recordation tax and abolishes the wetland acquistion fund, the local parks land acquisition fund, the state land acquistion fund and the agricultural resource conservation fund, which funds derive funding from the recordation tax. - Amends TCA Section 67-4-409.

  

Sponsored by: Sen. Jim Summerville Assigned To Gen. Sub Of: S. Tax Sub Committee Of F,w&m. on 02/29/2012

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State (Tennessee)
Tennessee 107th General Assembly

As introduced, specifies that the proceeds collected from privilege taxes relating to tourism should be applied in the municipality in which the taxes were collected. - Amends TCA Title 67, Chapter 4. [SB-2361] [Tourism ] [Taxes ] [Budget and Spending ]
As introduced, specifies that the proceeds collected from privilege taxes relating to tourism should be applied in the municipality in which the taxes were collected. - Amends TCA Title 67, Chapter 4.

  

Sponsored by: Sen. Doug Overbey Recalled From S. F,w&m Comm. on 01/19/2012

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State (Tennessee)
Tennessee 107th General Assembly

As introduced, allows eligible financial institutions and qualified business enterprises to carry forward any unused amount of credits against franchise and excise tax liabilities beyond the tax years in which the applicable credits originated. - Amends TCA Title 67, Chapter 4. [SB-1970] [Finance ] [Taxes ] [Small Business ] [Economic Development ]
As introduced, allows eligible financial institutions and qualified business enterprises to carry forward any unused amount of credits against franchise and excise tax liabilities beyond the tax years in which the applicable credits originated. - Amends TCA Title 67, Chapter 4.

  

Sponsored by: Rep. Mike Stewart Placed On S. Fw&m Comm. Cal. For 5/20/2011 on 05/20/2011

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State (Tennessee)
Tennessee 107th General Assembly

As introduced, requires certain counties that levy a payroll tax to reduce the county real property tax rate in an amount sufficient to offset all revenue derived by the county from such payroll tax; requires certain municipalities that levy a payroll tax to reduce the municipal real property tax rate in an amount sufficient to offset all revenue derived by the municipality from such payroll tax. - Amends TCA Title 5; Title 6; Title 7 and Title 67. [SB-1732] [Property Tax ] [Taxes ] [Real Estate ]
As introduced, requires certain counties that levy a payroll tax to reduce the county real property tax rate in an amount sufficient to offset all revenue derived by the county from such payroll tax; requires certain municipalities that levy a payroll tax to reduce the municipal real property tax rate in an amount sufficient to offset all revenue derived by the municipality from such payroll tax. - Amends TCA Title 5; Title 6; Title 7 and Title 67.

  

Sponsored by: Sen. Reginald Tate P2c, Ref. To S. S&l Govt. Comm. on 02/24/2011

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State (Tennessee)
Tennessee 107th General Assembly

As enacted, clarifies that a holder of an indebtedness has a duty to collect the tax imposed on the recordation of evidence of the indebtedness and to remit the tax as required by law. - Amends TCA Section 67-4-409. [SB-1048] [Taxes ]
As enacted, clarifies that a holder of an indebtedness has a duty to collect the tax imposed on the recordation of evidence of the indebtedness and to remit the tax as required by law. - Amends TCA Section 67-4-409.

  

Sponsored by: Sen. Bill Ketron Comp. Became Pub. Ch. 321 on 06/03/2011

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State (Tennessee)
Tennessee 107th General Assembly

As introduced, deletes the requirement that taxes remitted by NHL and NBA players be solely used for expenses associated with securing current, expanded or new events for municipally-owned indoor sports facilities. - Amends TCA Section 67-4-1703. [SB-707] [Taxes ] [Sports ] [Budget and Spending ]
As introduced, deletes the requirement that taxes remitted by NHL and NBA players be solely used for expenses associated with securing current, expanded or new events for municipally-owned indoor sports facilities. - Amends TCA Section 67-4-1703.

  

Sponsored by: Sen. Thelma M. Harper Assigned To Gen. Sub Of S. F,w&m Comm. on 05/06/2011

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State (Tennessee)
Tennessee 107th General Assembly

As introduced, imposes a one-cent per ounce privilege tax on bottled soft drinks containing sugar; reduces from 5.5% to 4.5% the retail sales tax rate on food, which includes soft drinks. - Amends TCA Title 67, Chapter 6, Part 2 and Title 67, Chapter 4. [SB-521] [Taxes ] [Food ] [Budget and Spending ] [Consumer Protection ]
As introduced, imposes a one-cent per ounce privilege tax on bottled soft drinks containing sugar; reduces from 5.5% to 4.5% the retail sales tax rate on food, which includes soft drinks. - Amends TCA Title 67, Chapter 6, Part 2 and Title 67, Chapter 4.

  

Sponsored by: Sen. Beverly Robison Marrero Assigned To Gen. Sub Of: S. Tax Sub Committee Of F,w&m. on 04/25/2011

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State (Tennessee)
Tennessee 107th General Assembly

As introduced, changes the municipal stadium seat privilege tax which may be levied by county having a metropolitan form of government on spectators attending an event at a municipal stadium from 10% of the consideration charged to a fee of $20.00. - Amends TCA Title 7. [SB-358] [Taxes ] [Sports ]
As introduced, changes the municipal stadium seat privilege tax which may be levied by county having a metropolitan form of government on spectators attending an event at a municipal stadium from 10% of the consideration charged to a fee of $20.00. - Amends TCA Title 7.

  

Sponsored by: Sen. Mark Norris Intro., P1c. on 02/09/2011

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State (Tennessee)
Tennessee 107th General Assembly

As enacted, reduces the rate of assessment for the realty recordation tax. - Amends TCA Section 67-4-409. [HB-3255] [Real Estate ] [Taxes ]
As enacted, reduces the rate of assessment for the realty recordation tax. - Amends TCA Section 67-4-409.

  

Sponsored by: Rep. Ryan Haynes Pub. Ch. 792 on 04/27/2012

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State (Tennessee)
Tennessee 107th General Assembly

As introduced, abolishes the recordation tax and abolishes the wetland acquistion fund, the local parks land acquisition fund, the state land acquistion fund and the agricultural resource conservation fund, which funds derive funding from the recordation tax. - Amends TCA Section 67-4-409. [HB-3064] [Taxes ] [Environmental ] [Agriculture ] [Public Lands and National Parks ] [Budget and Spending ]
As introduced, abolishes the recordation tax and abolishes the wetland acquistion fund, the local parks land acquisition fund, the state land acquistion fund and the agricultural resource conservation fund, which funds derive funding from the recordation tax. - Amends TCA Section 67-4-409.

  

Sponsored by: Rep. John D. Ragan P2c, Ref. To Conservation & Environment Committee --finance on 01/26/2012

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State (Tennessee)
Tennessee 107th General Assembly

As introduced, specifies that the proceeds collected from privilege taxes relating to tourism should be applied in the municipality in which the taxes were collected. - Amends TCA Title 67, Chapter 4. [HB-2577] [Tourism ] [Taxes ] [Budget and Spending ]
As introduced, specifies that the proceeds collected from privilege taxes relating to tourism should be applied in the municipality in which the taxes were collected. - Amends TCA Title 67, Chapter 4.

  

Sponsored by: Rep. Richard Montgomery Withdrawn. on 01/19/2012

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State (Tennessee)
Tennessee 107th General Assembly

As introduced, allows eligible financial institutions and qualified business enterprises to carry forward any unused amount of credits against franchise and excise tax liabilities beyond the tax years in which the applicable credits originated. - Amends TCA Title 67, Chapter 4. [HB-2100] [Finance ] [Taxes ] [Small Business ] [Economic Development ]
As introduced, allows eligible financial institutions and qualified business enterprises to carry forward any unused amount of credits against franchise and excise tax liabilities beyond the tax years in which the applicable credits originated. - Amends TCA Title 67, Chapter 4.

  

Sponsored by: Rep. Michael L. Turner Assigned To S/c General Sub Of Finance on 03/01/2011

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State (Tennessee)
Tennessee 107th General Assembly

As enacted, clarifies that a holder of an indebtedness has a duty to collect the tax imposed on the recordation of evidence of the indebtedness and to remit the tax as required by law. - Amends TCA Section 67-4-409. [HB-1924] [Taxes ]
As enacted, clarifies that a holder of an indebtedness has a duty to collect the tax imposed on the recordation of evidence of the indebtedness and to remit the tax as required by law. - Amends TCA Section 67-4-409.

  

Sponsored by: Rep. Charles M. Sargent Pub. Ch. 321 on 06/03/2011

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State (Tennessee)
Tennessee 107th General Assembly

As introduced, states that an employer may remit the professional privilege tax on behalf of an employee but the employee shall remain liable for the tax. - Amends TCA Title 67, Chapter 4. [HB-1660] [Taxes ] [Labor, Jobs, Employment ]
As introduced, states that an employer may remit the professional privilege tax on behalf of an employee but the employee shall remain liable for the tax. - Amends TCA Title 67, Chapter 4.

  

Sponsored by: Rep. Harry Tindell Assigned To S/c General Sub Of Finance on 03/01/2011

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State (Tennessee)
Tennessee 107th General Assembly

As introduced, deletes the requirement that taxes remitted by NHL and NBA players be solely used for expenses associated with securing current, expanded or new events for municipally-owned indoor sports facilities. - Amends TCA Section 67-4-1703. [HB-765] [Taxes ] [Sports ] [Budget and Spending ]
As introduced, deletes the requirement that taxes remitted by NHL and NBA players be solely used for expenses associated with securing current, expanded or new events for municipally-owned indoor sports facilities. - Amends TCA Section 67-4-1703.

  

Sponsored by: Rep. Mary Pruitt Withdrawn. on 04/18/2011

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