Top Legislation - View All
Latest Action: 02/12/2007 - Passed second consideration, Referred to Senate S&L Governor Comm. Bill TextCounty Government - Authorizes county legislative bodies, by resolution, to impose a license tax upon any animal, thing, business, vocation, pursuit, privilege, or calling not prohibited by law. - Amends TCA Title 5, Chapter 1, Part 1. Fiscal Summary for *SB0759 Increase Local Govt. Revenues - Exceeds $1,000,000/Permissive Increase Local Govt. Expenditures - Exceeds $10,000/Permissive
Latest Action: 04/04/2007 - Taken Off Notice For Calendar in Subcommittee Local Government of S&LG of State & Local Government Committee Bill TextCompanion Bill SB1359. Taxes, Business - Authorizes Davidson County attorney to file for revocation of business license against motor vehicle dealer adjudicated in violation of either state law or metro ordinance three times within one year; hearing held as contested case hearing by department of revenue. - Amends TCA Title 55, Chapter 17, Part 1 and Title 67, Chapter 4, Part 7. Fiscal Summary for HB1180 / *SB1359Decrease State Revenues - Not Significant State Expenditures - Net Impact - Not Significant Decrease Local Govt. Revenues - Not Significant Local Govt. Expenditures - Net Impact - Not Significant Bill Summary for HB1180 / *SB1359 This bill authorizes the county or metropolitan attorney for Davidson County to file for the revocation of a motor vehicle dealer's business license, if the dealer has been adjudicated to be in violation [...] show full description
Latest Action: 01/23/2008 - Withdrawn. Bill TextTaxes, Business - Increases the recording fee for businesses transferring from one location to another within the same municipality from $3.50 to $5.00. - Amends TCA Title 67, Chapter 4, Part 7. Fiscal Summary for HB1182 / *SB0649Increase Local Govt. Revenues - $8,500
Latest Action: 02/15/2007 - Passed second consideration, caption bill, held on desk - pending amdt. Bill TextTaxes, Business - Authorizes taxpayer or commissioner to initiate litigation for determination of proper assessment of taxes when the taxpayer fails to file a return, instead of authorizing commissioner of revenue to make assessment; provision only applies when the taxpayer and commissioner cannot agree after findings of information necessary to make a determination. - Amends TCA Title 67. Fiscal Summary for HB1292 / *SB0566Decrease State Revenues - Exceeds $100,000 Decrease Local Govt. Revenues - Exceeds $50,000
Latest Action: 02/22/2007 - Passed second consideration, caption bill, held on desk - pending amdt. Bill TextCompanion Bill SB1484. Taxes, Business - Makes technical change to definition of "dominant business activity" for purposes of business tax. - Amends TCA Title 67. Fiscal Summary for HB1959 / *SB1484 MINIMAL Bill Summary for HB1959 / *SB1484 Present law imposes a tax on the privilege of conducting a business in this state. Businesses, vocations and occupations that are taxable are identified by classifications according to dominant business activity. Present law defines "dominant business activity" as the business activity that is the major and principal source of gross sales at retail and the major and principal source of gross sales at wholesale of the business. This bill removes the references to "major source" in this definition, thereby defining "dominant business activity" as the business activity that is the [...] show full description
Latest Action: 03/13/2007 - Assigned to Gen. Sub of: Senate Tax Sub Committee of F,W&M. Bill TextTaxes, Business - Authorizes taxpayer or commissioner to initiate litigation for determination of proper assessment of taxes when the taxpayer fails to file a return, instead of authorizing commissioner of revenue to make assessment; provision only applies when the taxpayer and commissioner cannot agree after findings of information necessary to make a determination. - Amends TCA Title 67. Fiscal Summary for *SB0566 / HB1292Decrease State Revenues - Exceeds $100,000 Decrease Local Govt. Revenues - Exceeds $50,000
Latest Action: 04/17/2007 - Assigned to Gen. Sub of: Senate Tax Sub Committee of F,W&M. Bill TextTaxes, Business - Increases the recording fee for businesses transferring from one location to another within the same municipality from $3.50 to $5.00. - Amends TCA Title 67, Chapter 4, Part 7. Fiscal Summary for *SB0649 / HB1182Increase Local Govt. Revenues - $8,500
Latest Action: 04/10/2007 - Assigned to Gen. Sub of Senate Tax Sub Comm. Bill TextCompanion Bill HB1180. Taxes, Business - Authorizes Davidson County attorney to file for revocation of business license against motor vehicle dealer adjudicated in violation of either state law or metro ordinance three times within one year; hearing held as contested case hearing by department of revenue. - Amends TCA Title 55, Chapter 17, Part 1 and Title 67, Chapter 4, Part 7. Fiscal Summary for *SB1359 / HB1180Decrease State Revenues - Not Significant State Expenditures - Net Impact - Not Significant Decrease Local Govt. Revenues - Not Significant Local Govt. Expenditures - Net Impact - Not Significant Bill Summary for *SB1359 / HB1180 This bill authorizes the county or metropolitan attorney for Davidson County to file for the revocation of a motor vehicle dealer's business license, if the dealer has been adjudicated to be in violation [...] show full description
Latest Action: 04/16/2007 - Received from Senate, held on House desk. Bill TextCompanion Bill HB1959. Taxes, Business - Makes technical change to definition of "dominant business activity" for purposes of business tax. - Amends TCA Title 67. Fiscal Summary for *SB1484 / HB1959 MINIMAL Bill Summary for *SB1484 / HB1959 Present law imposes a tax on the privilege of conducting a business in this state. Businesses, vocations and occupations that are taxable are identified by classifications according to dominant business activity. Present law defines "dominant business activity" as the business activity that is the major and principal source of gross sales at retail and the major and principal source of gross sales at wholesale of the business. This bill removes the references to "major source" in this definition, thereby defining "dominant business activity" as the business activity that is the [...] show full description
Latest Action: 05/09/2007 - Action Deferred in Subcommittee Budget of Finance, Ways and Means to 1/1/2008 Bill TextTaxes, 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 Legislation - View All
Latest Action: 02/20/2008 - Assigned to Subcommittee Budget of FW&M Bill TextCompanion Bill SB4005. Taxes, Business - Authorizes certain credits relative to certain business taxes. - Amends TCA Title 67, Chapter 4, Part 7. Fiscal Summary for HB3956 / *SB4005Decrease State Revenue - Exceeds $500,000 Increase State Expenditures1 - $36,000/One-Time Bill Summary for HB3956 / *SB4005 Under present law, the following credits, among others, may be taken by persons filing and paying the business tax: (1) Personal property taxes properly paid pursuant to present law. Personal property taxes assessed pursuant to audit and subsequently paid may be taken as a credit either on the business tax return filed for the year in which the additional personal property tax was paid or on the return covering the immediately previous year. Personal property taxes paid subsequent to the due date for business taxes in any year,[...] show full description
Latest Action: 02/20/2008 - Assigned to Subcommittee Budget of FW&M Bill TextCompanion Bill SB4004. Taxes, Business - Modifies certain policies and procedures pertaining to collection of business taxes. - Amends TCA Title 67, Chapter 4, Part 7. Fiscal Summary for HB3957 / *SB4004Decrease State Revenue - Exceeds $100,000 Increase Local Revenue - Exceeds $100,000 Increase Local Expenditures - Exceeds $100,000/Permissive Bill Summary for HB3957 / *SB4004 Present law requires every person taxable under the Business Tax Act, prior to engaging in business, to register with the county clerk, in the case of taxes owed to the county, and with the city official designated as the collector of tax by city charter or ordinance, in the case of taxes owed to a municipality. Any metropolitan government that has levied the business taxes may designate the county clerk as the collector of the tax for the entire metropolitan taxing [...] show full description
Latest Action: 06/20/2008 - Companion became Public Chapter 1100 Bill TextCompanion Bill SB3103. Taxes, Business - Authorizes county clerk or proper city tax collector to collect delinquent business taxes at any time before the commissioner of revenue notifies the taxpayer of an audit or takes other action to collect the taxes. - Amends TCA Section 67-4-719. Fiscal Summary for HB4032 / *SB3103Increase State Revenue - Not Significant Increase State Expenditures - Not Significant Bill Summary for HB4032 / *SB3103 Under present law, if a county clerk or city tax collector fails to collect business taxes, interest, and penalties from any delinquent taxpayer, it becomes the duty of the commissioner of revenue at any time after the tax has become delinquent for more than six months to collect the tax, interest, and penalties from any delinquent taxpayer in accordance with the Tax Enforcement Procedures Act. [...] show full description
Latest Action: 02/06/2008 - Referred to Senate Tax Sub Comm. Bill TextCompanion Bill HB3957. Taxes, Business - Modifies certain policies and procedures pertaining to collection of business taxes. - Amends TCA Title 67, Chapter 4, Part 7. Fiscal Summary for *SB4004 / HB3957Decrease State Revenue - Exceeds $100,000 Increase Local Revenue - Exceeds $100,000 Increase Local Expenditures - Exceeds $100,000/Permissive Bill Summary for *SB4004 / HB3957 Present law requires every person taxable under the Business Tax Act, prior to engaging in business, to register with the county clerk, in the case of taxes owed to the county, and with the city official designated as the collector of tax by city charter or ordinance, in the case of taxes owed to a municipality. Any metropolitan government that has levied the business taxes may designate the county clerk as the collector of the tax for the entire metropolitan taxing [...] show full description
Latest Action: 02/06/2008 - Referred to Senate Tax Sub Comm. Bill TextCompanion Bill HB3956. Taxes, Business - Authorizes certain credits relative to certain business taxes. - Amends TCA Title 67, Chapter 4, Part 7. Fiscal Summary for *SB4005 / HB3956Decrease State Revenue - Exceeds $500,000 Increase State Expenditures1 - $36,000/One-Time Bill Summary for *SB4005 / HB3956 Under present law, the following credits, among others, may be taken by persons filing and paying the business tax: (1) Personal property taxes properly paid pursuant to present law. Personal property taxes assessed pursuant to audit and subsequently paid may be taken as a credit either on the business tax return filed for the year in which the additional personal property tax was paid or on the return covering the immediately previous year. Personal property taxes paid subsequent to the due date for business taxes in any year,[...] show full description
Latest Action: 02/20/2008 - Assigned to Subcommittee Budget of FW&M Bill TextTaxes, Business - Authorizes joint select committee on business taxes to report findings, recommendations, and proposals as it deems appropriate instead of requiring an annual report. - Amends TCA Title 3, Chapter 15, Part 6. Fiscal Summary for HB3829 / *SB3067MINIMAL
Latest Action: 01/30/2008 - Assigned to Subcommittee Budget of FW&M Bill TextCompanion Bill SB3549. Taxes, Business - Adds real estate licensees and brokerage firms to those excluded from Category 3 for the purposes of business tax. - Amends TCA Title 67. Fiscal Summary for *HB3286 / SB3549Decrease State Revenue - Exceeds $808,600 Decrease Local Revenue - Exceeds $597,700 Bill Summary for *HB3286 / SB3549 Generally, a person who provides or sells a service is taxed under Classification 3 for purposes of the business tax. In addition to a minimum tax of $15.00, the tax rate for Classification 3 is: (1) 3/16 of 1 percent of all the retail sales of the business; and (2) 3/80 of 1 percent of all the wholesale sales of the business. There are several types of services exempted from this tax. This bill adds services provided by real estate licensees and brokerage firms to those exempted services.
Latest Action: 01/29/2008 - Referred to Senate Tax Sub Comm. Bill TextCompanion Bill HB3286. Taxes, Business - Adds real estate licensees and brokerage firms to those excluded from Category 3 for the purposes of business tax. - Amends TCA Title 67. Fiscal Summary for SB3549 / *HB3286Decrease State Revenue - Exceeds $808,600 Decrease Local Revenue - Exceeds $597,700 Bill Summary for SB3549 / *HB3286 Generally, a person who provides or sells a service is taxed under Classification 3 for purposes of the business tax. In addition to a minimum tax of $15.00, the tax rate for Classification 3 is: (1) 3/16 of 1 percent of all the retail sales of the business; and (2) 3/80 of 1 percent of all the wholesale sales of the business. There are several types of services exempted from this tax. This bill adds services provided by real estate licensees and brokerage firms to those exempted services.
Latest Action: 01/29/2008 - Referred to Senate Tax Sub Comm. Bill TextTaxes, Business - Authorizes joint select committee on business taxes to report findings, recommendations, and proposals as it deems appropriate instead of requiring an annual report. - Amends TCA Title 3, Chapter 15, Part 6. Fiscal Summary for *SB3067 / HB3829MINIMAL
Latest Action: 06/20/2008 - Public Chapter 1100 Bill TextCompanion Bill HB4032. Taxes, Business - Authorizes county clerk or proper city tax collector to collect delinquent business taxes at any time before the commissioner of revenue notifies the taxpayer of an audit or takes other action to collect the taxes. - Amends TCA Section 67-4-719. Fiscal Summary for *SB3103 / HB4032Increase State Revenue - Not Significant Increase State Expenditures - Not Significant Bill Summary for *SB3103 / HB4032 Under present law, if a county clerk or city tax collector fails to collect business taxes, interest, and penalties from any delinquent taxpayer, it becomes the duty of the commissioner of revenue at any time after the tax has become delinquent for more than six months to collect the tax, interest, and penalties from any delinquent taxpayer in accordance with the Tax Enforcement Procedures Act. [...] show full description
|
