SB1744 — Taxes, Excise - As introduced, exempts entities that would otherwise have less than $100 in combined franchise and excise tax liability from franchise and excise taxes for tax years that begin between July 1, 2018 and July 1 2019; gradually increases the exemption threshold to $500 for tax years that begin on or after July 1, 2020. - Amends TCA Title 67, Chapter 4, Part 20 and Title 67, Chapter 4, Part 21.

SB1744 — Taxes, Excise - As introduced, exempts entities that would otherwise have less than $100 in combined franchise and excise tax liability from franchise and excise taxes for tax years that begin between July 1, 2018 and July 1 2019; gradually increases the exemption threshold to $500 for tax years that begin on or after July 1, 2020. - Amends TCA Title 67, Chapter 4, Part 20 and Title 67, Chapter 4, Part 21. · Informed CitizenrySB1744 amends Tennessee Code regarding franchise and excise taxes. The bill establishes an exemption for entities whose combined franchise and excise tax liability is below a specific threshold. Th…Open in Informed Citizenry