---
type: "Bill"
title: "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."
description: "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."
jurisdiction: "us/states/tn"
legislature: "Tennessee General Assembly"
session: "114"
identifier: "SB 1002"
citation: "Tennessee SB 1002 (114)"
classification: ["bill"]
subjects: ["Cooperatives"]
status: "enacted"
primary_sponsors: ["Haile"]
version_count: 1
action_count: 29
vote_count: 4
first_action: "2025-02-05"
last_action: "2025-05-15"
source: "openstates"
source_identifier: "ocd-bill/24396bcc-91d7-4f6a-a7f6-99df0296d3c7"
source_url: "https://wapp.capitol.tn.gov/apps/BillInfo/Default?BillNumber=SB1002&ga=114"
source_hash: "4b7418264c656b94f47ce566a87fae28664ed976dcf5ce50d285051dd1b55d9b"
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 1002 (114) — 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.

## Version chain

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

1. **Current Version** (committee substitute) — [source](https://capitol.tn.gov/Bills/114/Bill/SB1002.pdf)

## Votes

- FLOOR VOTE: Motion to Adopt 4/14/2025 Passed (1) — **32–0** (pass) · upper
- FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION 4/21/2025 Passed (1) — **92–0** (pass) · lower
- SENATE FINANCE, WAYS AND MEANS COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 4/8/2025 Passed (2) — **9–0** (pass) · upper
- SENATE ENERGY, AGRICULTURE AND NATURAL RESOURCES COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 2/26/2025 Passed (3) — **9–0** (pass) · upper

## Sponsors

- Haile — primary (person)

## Timeline

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

- **2025-02-05** Filed for introduction `filing`
- **2025-02-10** Introduced, Passed on First Consideration `introduction`
- **2025-02-12** Passed on Second Consideration, refer to Senate Energy, Ag., and Nat. Resources Committee `referral-committee`
- **2025-02-19** Placed on Senate Energy, Ag., and Nat. Resources Committee calendar for 2/26/2025
- **2025-02-26** Recommended for passage, refer to Senate Calendar Committee
- **2025-02-27** Refer to Senate Finance, Ways & Means Committee
- **2025-02-27** Recalled from Senate Calendar Committee
- **2025-03-11** Placed on Senate Finance, Ways, and Means Committee calendar for 3/18/2025
- **2025-03-12** Sponsor(s) Added. `sponsorship`
- **2025-03-18** Action deferred in Senate Finance, Ways, and Means Committee to 4/1/2025
- **2025-03-25** Placed on Senate Finance, Ways, and Means Committee calendar for 4/1/2025
- **2025-04-01** Placed on Senate Finance, Ways, and Means Committee calendar for 4/8/2025
- **2025-04-01** Action deferred in Senate Finance, Ways, and Means Committee to 4/8/2025
- **2025-04-08** Sponsor(s) Added. `sponsorship`
- **2025-04-08** Recommended for passage, refer to Senate Calendar Committee
- **2025-04-11** Placed on Senate Consent Calendar 2 for 4/14/2025
- **2025-04-14** Sponsor(s) Added. `sponsorship`
- **2025-04-14** Engrossed; ready for transmission to House `receipt`
- **2025-04-14** Passed Senate, Ayes 32, Nays 0 `passage`
- **2025-04-15** Rcvd. from S., held on H. desk.
- **2025-04-21** Passed H., Ayes 92, Nays 0, PNV 0 `passage`
- **2025-04-21** Subst. for comp. HB. `substitution`
- **2025-04-28** Enrolled and ready for signatures `enrolled`
- **2025-04-29** Signed by Senate Speaker `passage`
- **2025-04-30** Signed by H. Speaker `passage`
- **2025-05-01** Transmitted to Governor for action. `executive-receipt`
- **2025-05-09** Signed by Governor. `executive-signature`
- **2025-05-15** Effective date(s) 05/09/2025
- **2025-05-15** Pub. Ch. 455

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/24396bcc-91d7-4f6a-a7f6-99df0296d3c7`. Confidence: reported (aggregated from official Tennessee legislature records).