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Latest Update: Tuesday, November, 04th 2008
Taxes, Exemption and Credits - Requires companies locating in state to establish defined benefit plans and health insurance prior to receiving tax credits and state funding. - Amends TCA Title 4; Title 12; Title 53 and Title 67. Fiscal Summary for *HB0057 / SB1446Increase State Expenditures - $10,000 One-Time Other Fiscal Impact - The direct impact upon state tax collections is dependent upon several unknown factors. Tax revenue collections could increase if firms were unwilling or failed to comply with the provisions of this bill. However, tax revenue collections could decrease if more firms were willing to provide retirement and health insurance benefits to their employees in exchange for available tax credits.
Latest Actions
- 05/09/2007 - Action Deferred in Subcommittee Budget of Finance, Ways and Means to 1/1/2008
- 05/02/2007 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 05/09/2007
- 04/25/2007 - Action Deferred in Subcommittee Budget of Finance, Ways and Means to 5/9/2007
- 04/18/2007 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 04/25/2007
- 04/04/2007 - Action Deferred in Subcommittee Budget of Finance, Ways and Means to 4/25/2007
show all actions- 05/09/2007 - Action Deferred in Subcommittee Budget of Finance, Ways and Means to 1/1/2008
- 05/02/2007 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 05/09/2007
- 04/25/2007 - Action Deferred in Subcommittee Budget of Finance, Ways and Means to 5/9/2007
- 04/18/2007 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 04/25/2007
- 04/04/2007 - Action Deferred in Subcommittee Budget of Finance, Ways and Means to 4/25/2007
- 03/28/2007 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 04/04/2007
- 03/28/2007 - Assigned to Subcommittee Budget
- 03/28/2007 - Referred to Finance
- 02/01/2007 - Passed second consideration, caption bill, held on desk - pending amdt.
- 01/31/2007 - Introduced, Passed first consideration
- 01/29/2007 - Filed for Introduction
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Fiscal Notes
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