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Bill > HB0039
TN HB0039
TN HB0039As introduced, phases out the professional privilege tax over a five-year period for tax years that begin on and after June 1, 2019. - Amends TCA Title 67, Chapter 4, Part 17.
summary
Introduced
01/11/2019
01/11/2019
In Committee
01/19/2019
01/19/2019
Crossed Over
Passed
Dead
06/19/2020
06/19/2020
Introduced Session
111th General Assembly
Bill Summary
As introduced, phases out the professional privilege tax over a five-year period for tax years that begin on and after June 1, 2019. - Amends TCA Title 67, Chapter 4, Part 17.
AI Summary
This bill phases out the professional privilege tax over a five-year period for tax years beginning on and after June 1, 2019. The professional privilege tax, which is a tax imposed on certain licensed or registered professionals in Tennessee, will be reduced from $400 to $0 over this five-year period, with the tax being fully eliminated for any tax year ending on or after May 31, 2024.
Committee Categories
Budget and Finance
Sponsors (6)
James Van Huss (R)*,
Scott Cepicky (R),
Darren Jernigan (D),
Chris Todd (R),
Terri Weaver (R),
Mark White (R),
Last Action
Assigned to s/c Finance, Ways, and Means Subcommittee (on 01/22/2019)
bill text
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB0039&ga=111 |
| HB0039 | http://www.capitol.tn.gov/Bills/111/Fiscal/HB0039.pdf |
| BillText | http://www.capitol.tn.gov/Bills/111/Bill/HB0039.pdf |
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