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Latest Update: Wednesday, July, 23rd 2008

Taxes, Excise - Allows credit against excise tax in amount equal to 15 percent of taxpayer's expenditures in state for research and experimental purposes. - Amends TCA Title 67, Chapter 4.

Fiscal Summary for HB0263 / *SB0179

Decrease State Revenues - Exceeds $9,000,000 - FY06-07 Exceeds $58,000,000 - FY07-08 and thereafter Increase State Expenditures - $137,000 One-Time

Latest Actions
  • 05/07/2008 - Taken Off Notice For Calendar in Subcommittee Budget of Finance, Ways and Means of Finance, Ways & Means Committee
  • 04/30/2008 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 05/07/2008
  • 02/21/2007 - Assigned to Subcommittee Budget of FW&M
  • 02/08/2007 - Passed second consideration, Referred to Finance
  • 02/07/2007 - Introduced, Passed first consideration

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Bill Text
File name Last Updated
HB0263 Bill Text PDF10/27/2007

Fiscal Notes
File name Last Updated
SB0179 Fiscal Notes PDF10/27/2007