AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 4, Part 20 and Title 67, Chapter 4, Part 21, relative to taxation of federal employee…
- Introduced Jan 25, 2024
- In committee Jan 31, 2024
- Died
- Passed the Senate
- To the governor
- Became law
What it does
The legislature's own summary of the bill, or its official long title.
Taxes, Excise - As introduced, retroactively allows employers to take a deduction from net earnings for state excise tax filing purposes, in the amount of expenses, including wages and compensation, associated with their employee retention credit allowable on their federal payroll tax return. - Amends TCA Title 67, Chapter 4, Part 20 and Title 67, Chapter 4, Part 21.
Read the full official title (28 words)
AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 4, Part 20 and Title 67, Chapter 4, Part 21, relative to taxation of federal employee retention credits.
Every action
4 steps, oldest first, as the legislature records them.
- HouseFiled for introduction
- HouseIntro., P1C.
- CommitteeP2C, ref. to Finance, Ways, and Means Committee · House Finance, Ways, and Means Committee
- CommitteeAssigned to s/c Finance, Ways, and Means Subcommittee · House Finance, Ways, and Means Subcommittee
Roll calls
No recorded votes on this bill yet.
Sponsors
The member who introduced it.
- RE Rick EldridgeR Primary sponsor · District 10
From Tennessee's official records (wapp.capitol.tn.gov), checked Nov 3, 2026. Text links go to the official versions; LegiList does not copy bill text.