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TN HB0246

TN HB0246
As introduced, phases out the professional privilege tax over a four-year period for tax years that begin on and after June 1, 2019. - Amends TCA Title 67, Chapter 4, Part 17.


summary

Introduced
01/29/2019
In Committee
01/31/2019
Crossed Over
Passed
Dead
06/19/2020

Introduced Session

111th General Assembly

Bill Summary

As introduced, phases out the professional privilege tax over a four-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 in Tennessee over a four-year period. It reduces the tax from $400 to $0 by the 2022-2023 tax year, which begins on June 1, 2022. The bill also clarifies that individuals who are licensed or registered for multiple professions subject to the tax only need to pay one tax payment.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/29/2019 (on 04/24/2019)

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