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Latest Update: Monday, July, 07th 2008
Companion Bill SB4180. Charitable Institutions - Enacts the "Tennessee Charitable Gift Annuity Act of 2008," which replaces the existing "Charitable Gift Annuities Exemption Act." - Amends TCA Title 56, Chapters 2 and Chapter 52. Fiscal Summary for *HB4158 / SB4180Increase State Expenditures - Not Significant Bill Summary for *HB4158 / SB4180 Present law allows a charitable organization to issue a qualified charitable gift annuity. Under present law, "qualified charitable gift annuity" means a charitable gift annuity, as defined by the federal Internal Revenue Code, that is issued by a charitable organization that: (1) Has a minimum of $1 million, subject to specified deductions and exceptions, in unrestricted cash, cash equivalents, or publicly traded securities, exclusive of assets funding the annuity agreements; and (2) [...] show full description
- 05/08/2008 - Companion became Public Chapter 831
- 04/17/2008 - Companion Senate Bill Substituted
- 04/15/2008 - H. Placed on Regular Calendar for 4/17/08
- 04/09/2008 - Placed on Calendar Calendar & Rules Committee for 04/15/2008
- 04/09/2008 - Recommended For Passage Referred to: Calendar & Rules Committee
show all actions- 05/08/2008 - Companion became Public Chapter 831
- 04/17/2008 - Companion Senate Bill Substituted
- 04/15/2008 - H. Placed on Regular Calendar for 4/17/08
- 04/09/2008 - Placed on Calendar Calendar & Rules Committee for 04/15/2008
- 04/09/2008 - Recommended For Passage Referred to: Calendar & Rules Committee
- 04/02/2008 - Placed on Calendar Government Operations Committee for 04/09/2008
- 04/02/2008 - Action Deferred in Government Operations Committee to 4/9/2008
- 03/26/2008 - Placed on Calendar Government Operations Committee for 04/02/2008
- 03/25/2008 - Recommended for Passage if Am. Referred to: Government Operations Committee
- 03/19/2008 - Placed on Calendar Commerce Committee for 03/25/2008
- 03/19/2008 - Recommended for Passage if am. by Subcommittee Referred to Commerce Committee
- 03/12/2008 - Placed on Subcommittee Calendar Industrial Impact of Commerce for 03/19/2008
- 03/12/2008 - Action Deferred in Subcommittee Industrial Impact of Commerce to 3/19/2008
- 03/05/2008 - Placed on Subcommittee Calendar Industrial Impact of Commerce for 03/12/2008
- 02/27/2008 - Sponsor change.
- 02/13/2008 - Assigned to Subcommittee Industrial Impact of COM
- 02/07/2008 - Passed second consideration, Referred to Commerce--Government Operations for review
- 02/04/2008 - Passed first consideration
- 01/31/2008 - Introduced
- 01/31/2008 - Filed for Introduction
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Fiscal Notes
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