SB 2103 - Reduces State Franchise Tax - Tennessee Key Vote

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Title: Reduces State Franchise Tax

Vote Smart's Synopsis:

Vote to adopt a conference report vote and pass a bill that reduces state franchise tax to $700 million in rebates and $400 million annually in Tennessee.

Highlights:

  • Reduces state franchise tax to $700 million in rebates and $400 million annually in Tennessee (Sec. 3-16).

  • Specifies that the provisions of this bill shall become effective immediately upon passage and approval by the governor (Sec. 17).

See How Your Politicians Voted

Title: Reduces State Franchise Tax

Vote Smart's Synopsis:

Vote to adopt a conference report vote and pass a bill that reduces state franchise tax to $700 million in rebates and $400 million annually in Tennessee.

Highlights:

  • Reduces state franchise tax to $700 million in rebates and $400 million annually in Tennessee (Sec. 3-16).

  • Specifies that the provisions of this bill shall become effective immediately upon passage and approval by the governor (Sec. 17).

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