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TN HB0049

TN HB0049
AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 4, relative to taxation.


summary

Introduced
01/09/2023
In Committee
Crossed Over
Passed
Dead
04/25/2024

Introduced Session

113th General Assembly

Bill Summary

As introduced, limits the commissioner of revenue to granting only one extension of time for a taxpayer to file a franchise and excise tax return. - Amends TCA Title 67, Chapter 4.

AI Summary

This bill limits the Tennessee Commissioner of Revenue to granting only one extension of time for a taxpayer to file a franchise and excise tax return. The existing law previously allowed for multiple extensions to be granted, but this bill amends the law to restrict the Commissioner to a maximum of one extension. This change aims to provide more certainty and consistency in the tax filing process for taxpayers in Tennessee.

Sponsors (1)

Last Action

Withdrawn. (on 01/30/2023)

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