Top Legislation - View All
Latest Action: 03/13/2007 - Assigned to Subcommittee Budget of FW&M Bill TextConstitutional Amendments - Proposes amendment of Article II, Section 28 of the Constitution of Tennessee to specifically prohibit state or local taxation of personal income or employer payrolls, but retains state authorization for the Hall Income Tax. - Fiscal Summary for *HJR0209Increase State Expenditures - $20,000 One-Time
Latest Action: 02/21/2007 - Assigned to Subcommittee Budget of FW&M Bill TextTaxes, Income - Increases the Hall income tax exemption for taxpayers 65 years of age or older from $16,200 to $36,000 of income from all sources for single filers and from $27,000 to $60,000 of income from all sources for taxpayers filing jointly. - Amends TCA Title 67, Chapter 2. Fiscal Summary for HB0672 / *SB0431Decrease State Revenues - $2,281,000 - FY08-09 and thereafter
Latest Action: 02/14/2007 - Passed second consideration, Referred to Government Operations for review--Finance Bill TextTaxes, Income - Exempts income of person 65 years of age or older with no federal income tax liability due to medical expenses incurred as a nursing home resident from Hall income tax. - Amends TCA Title 67, Chapter 2, Part 1. Fiscal Summary for HB0911 / *SB0286Decrease State Revenues - $863,000 Increase State Expenditures - $70,000 One-Time Decrease Local Govt. Revenues - $437,000
Latest Action: 04/18/2007 - Taken Off Notice For Calendar in Subcommittee Budget of Finance, Ways and Means of Finance, Ways & Means Committee Bill TextTaxes, Income - Exempts from the Hall Income Tax the income of private pay nursing home residents whose nursing home and medical care expenses during the tax year exceed the amount of their annual income. - Amends TCA Title 67, Chapter 2, Part 1. Fiscal Summary for HB1398 / *SB0752Decrease State Revenues - $809,000 Increase State Expenditures - $70,000 One-Time Decrease Local Govt. Revenues - $485,000
Latest Action: 06/11/2007 - Assigned to Gen. Sub of: Senate Finance, Ways and Means Comm. Bill TextTaxes, Income - Exempts income of person 65 years of age or older with no federal income tax liability due to medical expenses incurred as a nursing home resident from Hall income tax. - Amends TCA Title 67, Chapter 2, Part 1. Fiscal Summary for *SB0286 / HB0911Decrease State Revenues - $863,000 Increase State Expenditures - $70,000 One-Time Decrease Local Govt. Revenues - $437,000
Latest Action: 06/11/2007 - Assigned to Gen. Sub of: Senate Finance, Ways and Means Comm. Bill TextTaxes, Income - Increases the Hall income tax exemption for taxpayers 65 years of age or older from $16,200 to $36,000 of income from all sources for single filers and from $27,000 to $60,000 of income from all sources for taxpayers filing jointly. - Amends TCA Title 67, Chapter 2. Fiscal Summary for *SB0431 / HB0672Decrease State Revenues - $2,281,000 - FY08-09 and thereafter
Latest Action: 06/11/2007 - Assigned to Gen. Sub of: Senate Finance, Ways and Means Comm. Bill TextTaxes, Income - Exempts from the Hall Income Tax the income of private pay nursing home residents whose nursing home and medical care expenses during the tax year exceed the amount of their annual income. - Amends TCA Title 67, Chapter 2, Part 1. Fiscal Summary for *SB0752 / HB1398Decrease State Revenues - $809,000 Increase State Expenditures - $70,000 One-Time Decrease Local Govt. Revenues - $485,000
Latest Action: 04/29/2008 - Assigned to Gen. Sub of Senate F,W&M Comm. Bill TextTaxes, Income - Increases the number of senior citizens who are exempt from the Hall income tax. - Amends TCA Title 67, Chapter 2, Part 1. Fiscal Summary for *SB3336Decrease State Revenue - $10,625,000 / FY09-10 and thereafter Decrease Local Govt. Revenue - $6,375,000 / FY09-10 and thereafter Bill Summary for *SB3336 Present law imposes a 6 percent tax on incomes derived by way of dividends from stocks or by way of interest on bonds in excess of the first $1,250 for individual filers or $2,500 of combined income for joint filers. This is commonly referred to as the "Hall income tax." Any person who is at least 65 years of age having a total annual income derived from any and all sources of $16,200 or less, or any persons who file a joint return and either spouse is at least 65 years of age having a total annual joint income derived from any and all sources of not more than $27,000, are exempt from the Hall tax. This [...] show full description
Latest Action: 01/30/2008 - Withdrawn. Bill TextTaxes, Income - Provides a Hall income tax deduction for premiums paid by the taxpayer for long-term care insurance for the taxpayer or the taxpayer's spouse or dependent. - Amends TCA Title 67, Chapter 2, Part 1. Fiscal Summary for *SB3889Increase State Expenditures - $70,000 / One-Time Decrease State Revenue - $1,250,000 / FY08-09 $2,500,000 / FY09-10 and thereafter Decrease Local Revenue - $750,000 / FY08-09 $1,500,000 / FY09-10 and thereafter Bill Summary for *SB3889 Present law imposes a 6 percent tax on incomes derived by way of dividends from stocks or by way of interest on bonds (known as the Hall income tax). This bill allows a credit against the Hall income tax. The credit would be in an equal to the total amount of premiums paid by the taxpayer during the tax year to purchase long-term care insurance for the taxpayer or the taxpayer's spouse. This bill would take effect January [...] show full description
Latest Action: 02/20/2008 - Assigned to Subcommittee Budget of FW&M Bill TextCompanion Bill SB3936. Taxes, Income - Provides a Hall income tax deduction for premiums paid by the taxpayer for long-term care insurance for the taxpayer or the taxpayer's spouse or dependent. - Amends TCA Title 67, Chapter 2, Part 1. Fiscal Summary for HB3948 / *SB3936Increase State Expenditures - $70,000 / One-Time Decrease State Revenue - $1,250,000 / FY08-09 $2,500,000 / FY09-10 and thereafter Decrease Local Revenue - $750,000 / FY08-09 $1,500,000 / FY09-10 and thereafter Bill Summary for HB3948 / *SB3936 Present law imposes a 6 percent tax on incomes derived by way of dividends from stocks or by way of interest on bonds (known as the Hall income tax). This bill allows a credit against the Hall income tax. The credit would be in an equal to the total amount of premiums paid by the taxpayer during [...] show full description
|
Latest Legislation - View All
Latest Action: 02/20/2008 - Assigned to Subcommittee Budget of FW&M Bill TextCompanion Bill SB3936. Taxes, Income - Provides a Hall income tax deduction for premiums paid by the taxpayer for long-term care insurance for the taxpayer or the taxpayer's spouse or dependent. - Amends TCA Title 67, Chapter 2, Part 1. Fiscal Summary for HB3948 / *SB3936Increase State Expenditures - $70,000 / One-Time Decrease State Revenue - $1,250,000 / FY08-09 $2,500,000 / FY09-10 and thereafter Decrease Local Revenue - $750,000 / FY08-09 $1,500,000 / FY09-10 and thereafter Bill Summary for HB3948 / *SB3936 Present law imposes a 6 percent tax on incomes derived by way of dividends from stocks or by way of interest on bonds (known as the Hall income tax). This bill allows a credit against the Hall income tax. The credit would be in an equal to the total amount of premiums paid by the taxpayer during [...] show full description
Latest Action: 04/08/2008 - Assigned to Gen. Sub of: Senate Tax Sub Committee of F,W&M. Bill TextCompanion Bill HB3948. Taxes, Income - Provides a Hall income tax deduction for premiums paid by the taxpayer for long-term care insurance for the taxpayer or the taxpayer's spouse or dependent. - Amends TCA Title 67, Chapter 2, Part 1. Fiscal Summary for *SB3936 / HB3948Increase State Expenditures - $70,000 / One-Time Decrease State Revenue - $1,250,000 / FY08-09 $2,500,000 / FY09-10 and thereafter Decrease Local Revenue - $750,000 / FY08-09 $1,500,000 / FY09-10 and thereafter Bill Summary for *SB3936 / HB3948 Present law imposes a 6 percent tax on incomes derived by way of dividends from stocks or by way of interest on bonds (known as the Hall income tax). This bill allows a credit against the Hall income tax. The credit would be in an equal to the total amount of premiums paid by the taxpayer during [...] show full description
Latest Action: 01/30/2008 - Withdrawn. Bill TextTaxes, Income - Provides a Hall income tax deduction for premiums paid by the taxpayer for long-term care insurance for the taxpayer or the taxpayer's spouse or dependent. - Amends TCA Title 67, Chapter 2, Part 1. Fiscal Summary for *SB3889Increase State Expenditures - $70,000 / One-Time Decrease State Revenue - $1,250,000 / FY08-09 $2,500,000 / FY09-10 and thereafter Decrease Local Revenue - $750,000 / FY08-09 $1,500,000 / FY09-10 and thereafter Bill Summary for *SB3889 Present law imposes a 6 percent tax on incomes derived by way of dividends from stocks or by way of interest on bonds (known as the Hall income tax). This bill allows a credit against the Hall income tax. The credit would be in an equal to the total amount of premiums paid by the taxpayer during the tax year to purchase long-term care insurance for the taxpayer or the taxpayer's spouse. This bill would take effect January [...] show full description
Latest Action: 04/29/2008 - Assigned to Gen. Sub of Senate F,W&M Comm. Bill TextTaxes, Income - Increases the number of senior citizens who are exempt from the Hall income tax. - Amends TCA Title 67, Chapter 2, Part 1. Fiscal Summary for *SB3336Decrease State Revenue - $10,625,000 / FY09-10 and thereafter Decrease Local Govt. Revenue - $6,375,000 / FY09-10 and thereafter Bill Summary for *SB3336 Present law imposes a 6 percent tax on incomes derived by way of dividends from stocks or by way of interest on bonds in excess of the first $1,250 for individual filers or $2,500 of combined income for joint filers. This is commonly referred to as the "Hall income tax." Any person who is at least 65 years of age having a total annual income derived from any and all sources of $16,200 or less, or any persons who file a joint return and either spouse is at least 65 years of age having a total annual joint income derived from any and all sources of not more than $27,000, are exempt from the Hall tax. This [...] show full description
Latest Action: 03/13/2007 - Assigned to Subcommittee Budget of FW&M Bill TextConstitutional Amendments - Proposes amendment of Article II, Section 28 of the Constitution of Tennessee to specifically prohibit state or local taxation of personal income or employer payrolls, but retains state authorization for the Hall Income Tax. - Fiscal Summary for *HJR0209Increase State Expenditures - $20,000 One-Time
Latest Action: 04/18/2007 - Taken Off Notice For Calendar in Subcommittee Budget of Finance, Ways and Means of Finance, Ways & Means Committee Bill TextTaxes, Income - Exempts from the Hall Income Tax the income of private pay nursing home residents whose nursing home and medical care expenses during the tax year exceed the amount of their annual income. - Amends TCA Title 67, Chapter 2, Part 1. Fiscal Summary for HB1398 / *SB0752Decrease State Revenues - $809,000 Increase State Expenditures - $70,000 One-Time Decrease Local Govt. Revenues - $485,000
Latest Action: 02/14/2007 - Passed second consideration, Referred to Government Operations for review--Finance Bill TextTaxes, Income - Exempts income of person 65 years of age or older with no federal income tax liability due to medical expenses incurred as a nursing home resident from Hall income tax. - Amends TCA Title 67, Chapter 2, Part 1. Fiscal Summary for HB0911 / *SB0286Decrease State Revenues - $863,000 Increase State Expenditures - $70,000 One-Time Decrease Local Govt. Revenues - $437,000
Latest Action: 02/21/2007 - Assigned to Subcommittee Budget of FW&M Bill TextTaxes, Income - Increases the Hall income tax exemption for taxpayers 65 years of age or older from $16,200 to $36,000 of income from all sources for single filers and from $27,000 to $60,000 of income from all sources for taxpayers filing jointly. - Amends TCA Title 67, Chapter 2. Fiscal Summary for HB0672 / *SB0431Decrease State Revenues - $2,281,000 - FY08-09 and thereafter
Latest Action: 06/11/2007 - Assigned to Gen. Sub of: Senate Finance, Ways and Means Comm. Bill TextTaxes, Income - Exempts from the Hall Income Tax the income of private pay nursing home residents whose nursing home and medical care expenses during the tax year exceed the amount of their annual income. - Amends TCA Title 67, Chapter 2, Part 1. Fiscal Summary for *SB0752 / HB1398Decrease State Revenues - $809,000 Increase State Expenditures - $70,000 One-Time Decrease Local Govt. Revenues - $485,000
Latest Action: 06/11/2007 - Assigned to Gen. Sub of: Senate Finance, Ways and Means Comm. Bill TextTaxes, Income - Increases the Hall income tax exemption for taxpayers 65 years of age or older from $16,200 to $36,000 of income from all sources for single filers and from $27,000 to $60,000 of income from all sources for taxpayers filing jointly. - Amends TCA Title 67, Chapter 2. Fiscal Summary for *SB0431 / HB0672Decrease State Revenues - $2,281,000 - FY08-09 and thereafter
|
