Amends TCA Title 67, Chapter 4, Part 20 and Title 67, Chapter 4, Part 21.
As introduced, retroactively allows employers to take a deduction from net earnings for state excise tax filing purposes, in the amount of expenses, including wages and compensation, associated with their employee retention credit allowable on their federal payroll tax return.
As introduced, retroactively allows employers to take a deduction from net earnings for state excise tax filing purposes, in the amount of expenses, including wages and compensation, associated with their employee retention credit allowable on their federal payroll tax return.
Track Tennessee Legislation Like a Pro
Join hundreds of professionals using LegisGo to stay ahead of legislative changes.
Instant Alerts
Get notified when bills you track move through the legislature
AI Summaries
Understand complex legislation in seconds with AI-powered analysis
Full Access
All 132 legislators, committee schedules, and voting records
Southerland, Steve
113th General Assembly
January 31, 2024
April 19, 2024
Placed on Senate Finance, Ways, and Means Committee calendar for 4/23/2024