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Latest Update: Thursday, July, 24th 2008

Companion Bill SB3963. Taxes, Sales - Increases revenue distribution to entities responsible for debt retirement on qualified baseball and softball complex from certain sales occurring at such complex. - Amends TCA Section 67-6-103. Fiscal Summary for *HB3837 / SB3963 Decrease State Revenue - $350,000 Other Fiscal Impact - The decrease of state revenue noted above would be earmarked for paying debt service incurred to construct the qualified baseball and softball complexes. If the qualified baseball and softball complexes are owned by local governments, then $112,500 of local government revenue would be earmarked for paying debt service incurred to construct the qualified baseball and softball complexes. If the qualified baseball and softball complexes are owned by private entities, then local governments would experience a decrease of revenue estimated to be $112,500 [...]

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Latest Actions
  • 05/14/2008 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 05/19/2008
  • 04/30/2008 - Placed Behind the Budget
  • 04/23/2008 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 04/30/2008
  • 03/26/2008 - Action Deferred in Subcommittee Budget of Finance, Ways and Means to last calendar
  • 03/19/2008 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 03/26/2008

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Bill Text
File name Last Updated
HB3837 Bill Text PDF02/05/2008

Fiscal Notes
File name Last Updated
SB3963 Fiscal Notes PDF03/01/2008