Tennessee HB 927: Taxes, Franchise - As introduced, changes the statutory apportionment formula used to calculate franchise and excise taxes from a three-factor formula to a single-sales-factor formula for small businesses. - Amends TCA Title 67, Chapter 4, Part 20 and Title 67, Chapter 4, Part 21.

Status: Refer to Senate Finance, Ways & Means Committee with negative recommendation (as of 2017-03-01)

State: Tennessee · Session: 110 · Bill: HB 927

Subjects: Taxes, Franchise

Sponsors: Hensley, Terry

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