Public Chapter 173
HOUSE BILL NO. 1268
By Representatives Wood, Davis, Haley, Hargett, Pleasant, McDaniel, Stamps, Walley, Ford, Patton, Kerr, Beavers, Kent, Bird, Clabough, McKee, Newton, Scroggs, Walker, McAfee, Mumpower, Roach, Boyer
Substituted for: Senate Bill No. 1684
By Senators McNally, Elsea, Atchley, Person, Koella, Haun, Carter, Ramsey, Leatherwood, Gilbert, Miller
AN ACT to amend Tennessee Code Annotated, Section 67-4-805(b)(1)(D) and (2)(F) relative to the excise tax treatment of 26 U.S.C. Section 337 gains and losses.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
SECTION 1. Tennessee Code Annotated, Section 67-4-805(b), is amended by deleting subdivisions (1)(D) and (2)(F) in their entirety and relettering the subsequent items accordingly.
SECTION 2. This act shall take effect upon becoming a law, the public welfare requiring it.