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SB0131Introduced in the Senate

AN ACT to amend Tennessee Code Annotated, Title 43, Chapter 16, Part 1 and Section 67-4-102, relative to subsidiaries of agricultural cooperative associations.

Introduced

Introduced by Ferrell Haile, District 18

What does this bill do?

Plain-English breakdown

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Official description

As introduced, specifies that the privilege tax exemption for subsidiaries of agricultural cooperatives applies without regard to whether the subsidiary was formed as a corporation, limited liability company, limited liability partnership, or other legal entity, association, or body vested with the power or function of a legal entity. - Amends TCA Title 43, Chapter 16, Part 1 and Section 67-4-102.

Where it stands

Withdrawn.

February 4, 2025

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

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Bill history

  1. Filed for introduction

  2. Introduced, Passed on First Consideration

  3. Passed on Second Consideration, refer to Senate Finance, Ways & Means Committee

  4. Withdrawn.

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