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Latest Update: Saturday, July, 19th 2008

Hospitals and Health Care Facilities - Reduces the gross receipts tax on intermediate care facilities for the mentally retarded (ICFMR) from 6 percent to 5.5 percent, retroactive to January 1, 2008. - Amends TCA Section 68-11-830(d)(2).

Fiscal Summary for SB4178 / *HB4156

(CORRECTED) Decrease State Revenue - $700,000/FY07-08 $1,300,000/FY08-09 and Subsequent Years (Revenue reduction of $700,000 in FY07-08 and $1,300,000 in FY08-09 is included in the Governors FY08-09 Recommended Budget)

Latest Actions
  • 05/08/2008 - Public Chapter 774
  • 05/08/2008 - Effective date(s) 04/210/08
  • 04/21/2008 - Signed by Governor.
  • 04/10/2008 - Transmitted to Governor for action.
  • 04/10/2008 - Signed by House Speaker

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Bill Text
File name Last Updated
SB4178 Bill Text PDF02/04/2008

Fiscal Notes
File name Last Updated
SB4178 Fiscal Notes PDF03/04/2008