Taxes, Franchise - As introduced, establishes credit against franchise and excise tax liabilities for taxpayers who incur unreimbursed costs related to an employee's organ donation procedure. - Amends TCA Title 67, Chapter 4.
  • Bill History
  • Amendments
  • Video
  • Summary
  • Fiscal Note
  • Votes
  • Actions For SB2655Date
    Assigned to Gen. Sub of: S. FW&M Comm.04/25/2012
    Placed on S. FW&M Comm. cal. for 4/25/201204/25/2012
    Action Def. in S. FW&M Comm. to 4/25/201204/24/2012
    Placed on S. FW&M Comm. cal. for 4/24/201204/24/2012
    Action Def. in S. FW&M Comm. to 4/24/201204/23/2012
    Placed on S. FW&M Comm. cal. for 4/23/201204/20/2012
    Action Def. in S. FW&M Comm. to 4/18/201204/17/2012
    Placed on S. FW&M Comm. cal. for 4/17/201204/11/2012
    Ref. to S. F,W&M Comm. w/ recommend03/13/2012
    Placed on S. Tax Sub Committee of F,W&M. cal. for 3/13/201203/07/2012
    Ref. to S. Tax Sub Comm.01/31/2012
    P2C, ref. to S. FW&M Comm.01/25/2012
    Intro., P1C.01/23/2012
    Filed for intro.01/19/2012
    Actions For HB3100Date
    Placed on s/c cal Finance Subcommittee for 4/24/201204/24/2012
    Placed Behind the Budget 03/07/2012
    Placed on s/c cal Finance Subcommittee for 3/7/201202/29/2012
    Assigned to s/c Finance Subcommittee02/01/2012
    P2C, ref. to Finance, Ways & Means Committee01/30/2012
    Intro., P1C.01/26/2012
    Filed for intro.01/25/2012
  • No amendments for SB2655.
    No amendments for HB3100.

  • Videos containing keyword: SB2655

  • Fiscal Summary

    Decrease State Revenue - $352,000


    Bill Summary

    This bill provides a credit against franchise and excise taxes for any taxpayer incurring unreimbursed costs in connection with an employee of the taxpayer, who is a resident of this state, donating a qualified life-saving organ for transplantation into another individual during the taxable year. The credit will be the lesser of:

    (1) The actual unreimbursed costs paid by the taxpayer in connection with the employee's organ donation; or
    (2) $5,000.

    Any unused credit may be carried forward for 15 years after the tax year in which the credit originated. "Donates" or "donation" means the medical procedure in which a living person voluntarily allows a qualified life-saving organ to be removed from such person for transplantation into another person. "Qualified life-saving organ" means a kidney, liver, lung, pancreas, intestine, bone marrow, or any combination or part thereof.

  • FiscalNote for SB2655/HB3100 filed under SB2655
  • House Floor and Committee Votes

    Votes for Bill HB3100 by the House are not available.

    Senate Floor and Committee Votes

    Votes for Bill SB2655 by the Senate are not available.