Tennessee SB 1198: Taxes, Excise - As introduced, redefines "passive investment income" for family-owned noncorporate entities to include rents from commercial property for entities who qualified as an obligated member entity as of January 1, 2019. - Amends TCA Section 67-4-2008.

Status: Held on desk. (as of 2019-03-28)

State: Tennessee · Session: 111 · Bill: SB 1198

Subjects: Taxes, Excise

Sponsors: Rudd, White

View Tennessee SB 1198 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.