Tennessee · 114
HB 988
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.
Bill record: Open States bulk CSV (bills/votes) ocd-bill/62ceada0-1131-4730-95f3-034aa44c451a CC0-1.0
Summary AI-generated
Tennessee HB 988 amends TCA Title 43, Chapter 16, Part 1 and Section 67-4-102 to specify that the privilege tax exemption for subsidiaries of agricultural cooperatives applies regardless of the subsidiary's legal form. The exemption covers entities formed as corporations, limited liability companies, limited liability partnerships, or other bodies vested with the power or function of a legal entity.
Software-generated, grounded only in the bill's own fields (it does not invent outcomes, amounts, or dates). Provenance: Open States bulk CSV (bills/votes) CC0-1.0 GovTally LLM enrichment (local oMLX)
Issue tags AI-classified
Classified by a local model from the bill's text; confidence shown. GovTally LLM enrichment (local oMLX)
Sponsors
- Pat Marsh Republican lead
Roll-call votes on this bill
| Motion / question | Chamber | Stage | Roll | Outcome | Yea | Nay | Other | Date | Source |
|---|---|---|---|---|---|---|---|---|---|
| HOUSE CALENDAR & RULES COMMITTEE: H. Placed on Regular Calendar for 4/21/2025… | lower | — | 8422153f-da7c-4f6a-ab1b-94babb8db2c7 | fail | 0 | 0 | 0 | Apr 21, 2025 | Open States bulk CSV (bills/votes) ocd-vote/8422153f-da7c-4f6a-ab1b-94babb8db2c7 CC0-1.0 |
| HOUSE FINANCE, WAYS, AND MEANS COMMITTEE: Rec. for pass; ref to Calendar &… | lower | — | d33f511f-c341-4126-9dec-efc123e17ddf | pass | 0 | 0 | 0 | Apr 17, 2025 | Open States bulk CSV (bills/votes) ocd-vote/d33f511f-c341-4126-9dec-efc123e17ddf CC0-1.0 |
| HOUSE FINANCE, WAYS, AND MEANS SUBCOMMITTEE: Rec. for pass by s/c ref. to… | lower | — | fe29c263-4c4a-4c60-880f-05796d4565f5 | pass | 0 | 0 | 0 | Apr 17, 2025 | Open States bulk CSV (bills/votes) ocd-vote/fe29c263-4c4a-4c60-880f-05796d4565f5 CC0-1.0 |