Amends TCA Title 57 and Title 67.
Tennessee SB0994 amends the Tennessee Code Annotated (TCA) by deleting an obsolete provision concerning a tax credit for beer or ale that was destroyed in a flood that occurred between May 1, 2010, and May 8, 2010. This change affects entities that may have previously been eligible for this tax credit related to the specified flood event. The key provision is the removal of the outdated tax credit, streamlining the tax code.
Tennessee SB0994 amends the Tennessee Code Annotated (TCA) by deleting an obsolete provision concerning a tax credit for beer or ale that was destroyed in a flood that occurred between May 1, 2010, and May 8, 2010. This change affects entities that may have previously been eligible for this tax credit related to the specified flood event. The key provision is the removal of the outdated tax credit, streamlining the tax code.
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Bailey, Paul
114th General Assembly
February 5, 2025
March 24, 2026
Assigned to General Subcommittee of Senate State and Local Government Committee