Cooperatives - As enacted, specifies that the privilege tax exemption for subsidiaries of agricultural cooperatives applies without regard to whether the subsidiary was formed as a corporation, limited liability company, limited liability partnership, or other legal entity, association, or body vested with the power or function of a legal entity. - Amends TCA Title 43, Chapter 16, Part 1 and Section 67-4-102.
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More on this bill
Where it stands
Introduced
2Passed House
3Passed Senate
4To Governor
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2025
May 15Comp. became Pub. Ch. 455Latest
Apr 21Sponsor(s) Added.Minor
Vote recorded HOUSE CALENDAR & RULES COMMITTEE: H. Placed on Regular Calendar for 4/21/2025 4/17/2025. Result: fail.Lower
Apr 21Comp. SB subst.
Apr 17Rec. for pass by s/c ref. to Finance, Ways, and Means CommitteeMinor
Vote recorded HOUSE FINANCE, WAYS, AND MEANS COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee 4/17/2025 Passed. Result: pass.Lower
Vote recorded HOUSE FINANCE, WAYS, AND MEANS SUBCOMMITTEE: Rec. for pass by s/c ref. to Finance, Ways, and Means Committee 4/17/2025 Passed. Result: pass.Lower
Apr 17Rec. for pass; ref to Calendar & Rules CommitteeMinor
Apr 17Placed on cal. Calendar & Rules Committee for 4/17/2025
Apr 17H. Placed on Regular Calendar for 4/21/2025
Apr 16Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/17/2025
Apr 9Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2025
Mar 5Placed behind the budget
Feb 26Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/5/2025
Feb 11Assigned to s/c Finance, Ways, and Means SubcommitteeMinor
Feb 10P2C, ref. to Finance, Ways, and Means CommitteeMinor