---
type: "Bill"
title: "Taxes, Excise - As enacted, revises provisions governing net earnings and net losses for purposes of the Excise Tax Law of 1999. - Amends TCA Title 67, Chapter 4, Part 20."
description: "Taxes, Excise - As enacted, revises provisions governing net earnings and net losses for purposes of the Excise Tax Law of 1999. - Amends TCA Title 67, Chapter 4, Part 20."
jurisdiction: "us/states/tn"
legislature: "Tennessee General Assembly"
session: "111"
identifier: "SB 558"
citation: "Tennessee SB 558 (111)"
classification: ["bill"]
subjects: ["Taxes", "Excise"]
status: "enacted"
primary_sponsors: ["Johnson", "Lynn"]
version_count: 3
action_count: 40
vote_count: 6
first_action: "2019-02-04"
last_action: "2019-05-13"
source: "openstates"
source_identifier: "ocd-bill/fab13db9-1c7e-44f2-9c3d-7519a5ef75eb"
source_url: "http://wapp.capitol.tn.gov/apps/BillInfo/default.aspx?BillNumber=SB0558&GA=111"
source_hash: "969ca8fe969f0e28ac2dc77149a05d1c21987f25c87ae177d56742064dc7993a"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-tn"]
---

# Tennessee SB 558 (111) — Taxes, Excise - As enacted, revises provisions governing net earnings and net losses for purposes of the Excise Tax Law of 1999. - Amends TCA Title 67, Chapter 4, Part 20.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Amendment HA0442** (committee substitute) — [source](http://www.capitol.tn.gov/Bills/111/Amend/HA0442.pdf)
2. **Amendment SA0267** (committee substitute) — [source](http://www.capitol.tn.gov/Bills/111/Amend/SA0267.pdf)
3. **Current Version** (committee substitute) — [source](http://www.capitol.tn.gov/Bills/111/Bill/SB0558.pdf)

## Votes

- HOUSE FINANCE, WAYS, AND MEANS SUBCOMMITTEE: Rec for pass if am by s/c ref. to Finance, Ways, and Means Committee 4/10/2019 (4) — **0–0** (fail) · lower
- SENATE FINANCE, WAYS AND MEANS COMMITTEE: Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 10, Nays 0 PNV 0 4/9/2019 Passed — **10–0** (pass) · upper
- HOUSE CALENDAR & RULES COMMITTEE: H. Placed on Regular Calendar for 4/22/2019 4/18/2019 (2) — **0–0** (fail) · lower
- FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION 4/22/2019 Passed (1) — **93–0** (pass) · lower
- FLOOR VOTE: as Amended Third Consideration 4/11/2019 Passed (1) — **30–0** (pass) · upper
- HOUSE FINANCE, WAYS, AND MEANS COMMITTEE: Rec. for pass. if am., ref. to Calendar & Rules Committee 4/17/2019 (3) — **0–0** (pass) · lower

## Sponsors

- Johnson — primary (person)
- Lynn — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2019-02-04** Filed for introduction `reading-1, introduction`
- **2019-02-06** Introduced, Passed on First Consideration `introduction`
- **2019-02-06** Intro. `introduction`
- **2019-02-06** Filed for introduction `reading-1, introduction`
- **2019-02-07** Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee
- **2019-02-07** P1C.
- **2019-02-11** P2C, ref. to Finance, Ways, and Means Committee `referral-committee`
- **2019-02-12** Refer to Senate F,W&M Revenue Subcommittee
- **2019-02-13** Assigned to s/c Finance, Ways, and Means Subcommittee `referral-committee`
- **2019-03-12** Placed on Senate FW&M Revenue Subcommittee calendar for 3/19/2019
- **2019-03-19** Placed on Senate Finance, Ways, and Means Committee calendar for 3/26/2019
- **2019-03-19** Refer to Senate Finance, Ways & Means Committee w/ recommendation, as amended `committee-passage-favorable`
- **2019-03-26** Placed on Senate Finance, Ways, and Means Committee calendar for 4/2/2019
- **2019-03-26** Action deferred in Senate Finance, Ways, and Means Committee to 4/2/2019
- **2019-04-02** Action deferred in Senate Finance, Ways, and Means Committee to 4/9/2019
- **2019-04-03** Placed on Senate Finance, Ways, and Means Committee calendar for 4/9/2019
- **2019-04-03** Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/10/2019
- **2019-04-09** Placed on Senate Regular Calendar for 4/11/2019
- **2019-04-09** Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 10, Nays 0 PNV 0
- **2019-04-10** Placed on cal. Finance, Ways, and Means Committee for 4/17/2019
- **2019-04-10** Rec for pass if am by s/c ref. to Finance, Ways, and Means Committee `referral-committee`
- **2019-04-11** Engrossed; ready for transmission to House
- **2019-04-11** Passed Senate as amended, Ayes 30, Nays 0 `passage`
- **2019-04-11** Senate adopted Amendment (Amendment 1 - SA0267)
- **2019-04-15** Rcvd. from S., held on H. desk.
- **2019-04-17** Placed on cal. Calendar & Rules Committee for 4/18/2019
- **2019-04-17** Rec. for pass. if am., ref. to Calendar & Rules Committee `committee-passage-favorable`
- **2019-04-18** H. Placed on Regular Calendar for 4/22/2019
- **2019-04-22** Passed H., Ayes 93, Nays 0, PNV 0 `passage`
- **2019-04-22** Am. withdrawn. (Amendment 1 - HA0442) `amendment-withdrawal`
- **2019-04-22** Subst. for comp. HB.
- **2019-04-22** Comp. SB subst.
- **2019-04-24** Enrolled and ready for signatures
- **2019-04-25** Signed by Senate Speaker
- **2019-04-29** Signed by H. Speaker
- **2019-04-30** Transmitted to Governor for action.
- **2019-05-08** Signed by Governor. `executive-signature`
- **2019-05-13** Pub. Ch. 306
- **2019-05-13** Effective date(s) 05/08/2019
- **2019-05-13** Comp. became Pub. Ch. 306

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/fab13db9-1c7e-44f2-9c3d-7519a5ef75eb`. Confidence: reported (aggregated from official Tennessee legislature records).