---
type: "Bill"
title: "Taxes, Excise - As enacted, requires that certain amounts received from certain COVID-related relief be subtracted from net earnings and losses for excise tax purposes. - Amends TCA Section 67-4-2006."
description: "Taxes, Excise - As enacted, requires that certain amounts received from certain COVID-related relief be subtracted from net earnings and losses for excise tax purposes. - Amends TCA Section 67-4-2006."
jurisdiction: "us/states/tn"
legislature: "Tennessee General Assembly"
session: "112"
identifier: "SB 775"
citation: "Tennessee SB 775 (112)"
classification: ["bill"]
subjects: ["Excise", "Taxes"]
status: "enacted"
primary_sponsors: ["Johnson", "Lamberth"]
version_count: 3
action_count: 38
vote_count: 6
first_action: "2021-02-09"
last_action: "2021-04-21"
source: "openstates"
source_identifier: "ocd-bill/0b245440-f5f5-4332-b4b7-97767a2d80ae"
source_url: "http://wapp.capitol.tn.gov/apps/BillInfo/default.aspx?BillNumber=SB0775&GA=112"
source_hash: "d18ddcf0ebca57a02335ff16809c7c201122c8a6c7e7ac4d0f811d4a19906ff7"
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 775 (112) — Taxes, Excise - As enacted, requires that certain amounts received from certain COVID-related relief be subtracted from net earnings and losses for excise tax purposes. - Amends TCA Section 67-4-2006.

## Version chain

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

1. **Amendment HA0149** (committee substitute) — [source](https://www.capitol.tn.gov/Bills/112/Amend/HA0149.pdf)
2. **Amendment SA0205** (committee substitute) — [source](https://www.capitol.tn.gov/Bills/112/Amend/SA0205.pdf)
3. **Current Version** (committee substitute) — [source](https://www.capitol.tn.gov/Bills/112/Bill/SB0775.pdf)

## Votes

- HOUSE FINANCE, WAYS, AND MEANS COMMITTEE: Rec. for pass. if am., ref. to Calendar & Rules Committee 3/30/2021 (3) — **0–0** (pass) · lower
- SENATE FINANCE, WAYS AND MEANS COMMITTEE: Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 8, Nays 0 PNV 0 4/6/2021 Passed — **9–0** (pass) · upper
- FLOOR VOTE: Third Consideration 4/12/2021 Passed — **32–0** (pass) · upper
- FLOOR VOTE: REGULAR CALENDAR AS AMENDED PASSAGE ON THIRD CONSIDERATION 4/5/2021 Passed (1) — **92–0** (pass) · lower
- HOUSE CALENDAR & RULES COMMITTEE: H. Placed on Regular Calendar for 4/5/2021 4/1/2021 (2) — **0–0** (fail) · lower
- HOUSE FINANCE, WAYS, AND MEANS SUBCOMMITTEE: Rec for pass if am by s/c ref. to Finance, Ways, and Means Committee 3/24/2021 (4) — **0–0** (fail) · lower

## Sponsors

- Johnson — primary (person)
- Lamberth — primary (person)

## Timeline

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

- **2021-02-09** Filed for introduction `introduction, reading-1`
- **2021-02-09** Filed for introduction `introduction, reading-1`
- **2021-02-10** Introduced, Passed on First Consideration `introduction`
- **2021-02-10** Intro., P1C. `introduction`
- **2021-02-11** Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee
- **2021-02-11** P2C, caption bill, held on desk - pending amdt.
- **2021-02-23** Refer to Senate Finance, Ways & Means Revenue Subcommittee
- **2021-03-16** Assigned to s/c Finance, Ways, and Means Subcommittee `referral-committee`
- **2021-03-16** Ref. to Finance, Ways, and Means Committee `referral-committee`
- **2021-03-17** Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/24/2021
- **2021-03-24** Placed on Senate FW&M Revenue Subcommittee calendar for 3/30/2021
- **2021-03-24** Placed on cal. Finance, Ways, and Means Committee for 3/30/2021
- **2021-03-24** Rec for pass if am by s/c ref. to Finance, Ways, and Means Committee `referral-committee`
- **2021-03-29** Sponsor(s) Added.
- **2021-03-30** Refer to Senate Finance, Ways & Means Committee w/ recommendation, as amended `committee-passage-favorable`
- **2021-03-30** Rec. for pass. if am., ref. to Calendar & Rules Committee `committee-passage-favorable`
- **2021-03-31** Placed on Senate Finance, Ways, and Means Committee calendar for 4/6/2021
- **2021-03-31** Placed on cal. Calendar & Rules Committee for 4/1/2021
- **2021-04-01** H. Placed on Regular Calendar for 4/5/2021
- **2021-04-05** Passed H., as am., Ayes 92, Nays 0, PNV 0 `passage`
- **2021-04-05** H. adopted am. (Amendment 1 - HA0149) `amendment-passage`
- **2021-04-05** Sponsor(s) Added.
- **2021-04-06** Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 8, Nays 0 PNV 0
- **2021-04-06** Engrossed; ready for transmission to Sen.
- **2021-04-07** Received from House, Passed on First Consideration `introduction`
- **2021-04-08** Placed on Senate Regular Calendar for 4/12/2021
- **2021-04-12** Companion House Bill substituted
- **2021-04-12** Passed Senate, Ayes 32, Nays 0 `passage`
- **2021-04-12** Amendment withdrawn.
- **2021-04-12** Senate substituted House Bill for companion Senate Bill.
- **2021-04-13** Enrolled; ready for sig. of H. Speaker.
- **2021-04-14** Signed by Governor. `executive-signature`
- **2021-04-14** Transmitted to Governor for his action. `executive-receipt`
- **2021-04-14** Signed by Senate Speaker
- **2021-04-14** Signed by H. Speaker
- **2021-04-21** Comp. became Pub. Ch. 154
- **2021-04-21** Effective date(s) 04/14/2021
- **2021-04-21** Pub. Ch. 154

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/0b245440-f5f5-4332-b4b7-97767a2d80ae`. Confidence: reported (aggregated from official Tennessee legislature records).