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,
Introduced
Moved
Reached a final decision
Became law
Derived from the official record below.
Officially: “AN ACT to amend Tennessee Code Annotated, Title 43, Chapter 16, Part 1 and Section 67-4-102, relative to subsidiaries of agricultural cooperative associations.” Read the full text
114th general assembly (2025-2026)
What it does
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. SB1002 has been assigned Public Chapter Number 455 by the Secretary of State.
From the official legislative record, shown verbatim. Not legal advice.
Where it is
Show all 42 actions
Filed for introduction · Feb 5, 2025
House
Intro., P1C. · Feb 6, 2025
House
P2C, ref. to Finance, Ways, and Means Committee · Feb 10, 2025
House
Assigned to s/c Finance, Ways, and Means Subcommittee · Feb 11, 2025
House
Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/5/2025 · Feb 26, 2025
House
Placed behind the budget · Mar 5, 2025
House
Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2025 · Apr 9, 2025
House
Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/17/2025 · Apr 16, 2025
House
Rec. for pass by s/c ref. to Finance, Ways, and Means Committee · Apr 17, 2025
House
Rec. for pass; ref to Calendar & Rules Committee · Apr 17, 2025
House
Placed on cal. Calendar & Rules Committee for 4/17/2025 · Apr 17, 2025
House
H. Placed on Regular Calendar for 4/21/2025 · Apr 17, 2025
House
Sponsor(s) Added. · Apr 21, 2025
House
Comp. SB subst. · Apr 21, 2025
House
Comp. became Pub. Ch. 455 · May 15, 2025
Senate
Filed for introduction · Feb 5, 2025
Senate
Introduced, Passed on First Consideration · Feb 10, 2025
Senate
Passed on Second Consideration, refer to Senate Energy, Ag., and Nat. Resources Committee · Feb 12, 2025
Senate
Placed on Senate Energy, Ag., and Nat. Resources Committee calendar for 2/26/2025 · Feb 19, 2025
Senate
Recommended for passage, refer to Senate Calendar Committee · Feb 26, 2025
Senate
Recalled from Senate Calendar Committee · Feb 27, 2025
Senate
Refer to Senate Finance, Ways & Means Committee · Feb 27, 2025
Senate
Placed on Senate Finance, Ways, and Means Committee calendar for 3/18/2025 · Mar 11, 2025
Senate
Sponsor(s) Added. · Mar 12, 2025
Senate
Action deferred in Senate Finance, Ways, and Means Committee to 4/1/2025 · Mar 18, 2025
Senate
Placed on Senate Finance, Ways, and Means Committee calendar for 4/1/2025 · Mar 25, 2025
Senate
Action deferred in Senate Finance, Ways, and Means Committee to 4/8/2025 · Apr 1, 2025
Senate
Placed on Senate Finance, Ways, and Means Committee calendar for 4/8/2025 · Apr 1, 2025
Senate
Recommended for passage, refer to Senate Calendar Committee · Apr 8, 2025
Senate
Sponsor(s) Added. · Apr 8, 2025
Senate
Placed on Senate Consent Calendar 2 for 4/14/2025 · Apr 11, 2025
Senate
Passed Senate, Ayes 32, Nays 0 · Apr 14, 2025
Senate
Engrossed; ready for transmission to House · Apr 14, 2025
Senate
Sponsor(s) Added. · Apr 14, 2025
Senate
Rcvd. from S., held on H. desk. · Apr 15, 2025
House
Subst. for comp. HB. · Apr 21, 2025
House
Passed H., Ayes 92, Nays 0, PNV 0 · Apr 21, 2025
House
Enrolled and ready for signatures · Apr 28, 2025
Senate
Signed by Senate Speaker · Apr 29, 2025
Senate
Signed by H. Speaker · Apr 30, 2025
House
Transmitted to Governor for action. · May 1, 2025
Senate
Signed by Governor. · May 9, 2025
Senate
The numbers
4
sponsors on the bill
Sponsors
Recorded votes
REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATIONHouse · 2025-04-21 · Passed · Ayes 92, Noes 0
Motion to AdoptSenate · 2025-04-14 · Passed · Ayes 32, Noes 0
Roll-call results shown verbatim from the Tennessee legislature’s records. A result reflects that roll call’s own motion, not the bill’s overall outcome.
Every fact on this page links to its source, starting with the official bill record. Last action: Signed by Governor. (May 9, 2025).