# Tennessee SB 1002: 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. Tennessee SB 1002, 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., is a 114th General Assembly (2025-2026) Senate bill sponsored by no sponsor on record; status signed, last action 2025-05-15 (Effective date(s) 05/09/2025) (as of 2026-11-01). - Canonical: https://policyrisk.com/state-bill/TN-SB1002-2025-2026 - As of: 2026-11-01 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Tennessee SB 1002 - State: Tennessee - Session: 114th General Assembly (2025-2026) - Title: 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. - Status: signed - Chamber: Senate - Introduced: 2025-02-05 - Last action: 2025-05-15, Effective date(s) 05/09/2025 - Sponsors: no sponsor on record - Cosponsors: 3 - Subjects: Cooperatives - Touches household money: no - Roll calls: 4 (142 yes, 0 no in all) - Economic provisions PRIA read: 1 ## Summary No summary available. ## Bill overview: provisions PRIA read - Tax relief for farm cooperative subsidiaries: benefit, low. The law exempts qualifying farm cooperative subsidiaries from Tennessee taxes charged for the privilege of doing business for profit. One or more agricultural cooperatives formed under Tennessee law must control the subsidiary. The subsidiary must meet the taxpayer definition in state tax law. Its… ## Sponsors and cosponsors - Cosponsor: Reeves - Cosponsor: Steve Southerland (Republican), Senate - Cosponsor: Ken Yager (Republican), Senate ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2025-04-21 | House | FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION 4/21/2025 | pass | 92 | 0 | | | 2025-04-14 | Senate | FLOOR VOTE: Motion to Adopt 4/14/2025 | pass | 32 | 0 | | | 2025-04-08 | Senate | SENATE FINANCE, WAYS AND MEANS COMMITTEE | pass | 9 | 0 | | | 2025-02-26 | Senate | SENATE ENERGY, AGRICULTURE AND NATURAL RESOURCES COMMITTEE | pass | 9 | 0 | | ## Actions (29) - 2025-05-15: Effective date(s) 05/09/2025 - 2025-05-15: Pub. Ch. 455 - 2025-05-09: Signed by Governor. (Senate) - 2025-05-01: Transmitted to Governor for action. (Senate) - 2025-04-30: Signed by H. Speaker (House) - 2025-04-29: Signed by Senate Speaker (Senate) - 2025-04-28: Enrolled and ready for signatures (Senate) - 2025-04-21: Passed H., Ayes 92, Nays 0, PNV 0 (House) - 2025-04-21: Subst. for comp. HB. (House) - 2025-04-15: Rcvd. from S., held on H. desk. (House) - 2025-04-14: Sponsor(s) Added. (Senate) - 2025-04-14: Engrossed; ready for transmission to House (Senate) - 2025-04-14: Passed Senate, Ayes 32, Nays 0 (Senate) - 2025-04-11: Placed on Senate Consent Calendar 2 for 4/14/2025 (Senate) - 2025-04-08: Sponsor(s) Added. (Senate) - 2025-04-08: Recommended for passage, refer to Senate Calendar Committee (Senate) - 2025-04-01: Placed on Senate Finance, Ways, and Means Committee calendar for 4/8/2025 (Senate) - 2025-04-01: Action deferred in Senate Finance, Ways, and Means Committee to 4/8/2025 (Senate) - 2025-03-25: Placed on Senate Finance, Ways, and Means Committee calendar for 4/1/2025 (Senate) - 2025-03-18: Action deferred in Senate Finance, Ways, and Means Committee to 4/1/2025 (Senate) - 2025-03-12: Sponsor(s) Added. (Senate) - 2025-03-11: Placed on Senate Finance, Ways, and Means Committee calendar for 3/18/2025 (Senate) - 2025-02-27: Refer to Senate Finance, Ways & Means Committee (Senate) - 2025-02-27: Recalled from Senate Calendar Committee (Senate) - 2025-02-26: Recommended for passage, refer to Senate Calendar Committee (Senate) - 2025-02-19: Placed on Senate Energy, Ag., and Nat. Resources Committee calendar for 2/26/2025 (Senate) - 2025-02-12: Passed on Second Consideration, refer to Senate Energy, Ag., and Nat. Resources Committee (Senate) - 2025-02-10: Introduced, Passed on First Consideration (Senate) - 2025-02-05: Filed for introduction (Senate) ## Bill text - Enrolled / Public Chapter: [PDF](https://publications.tnsosfiles.com/acts/114/pub/pc0455.pdf) - Fiscal Note: [PDF](https://capitol.tn.gov/Bills/114/Fiscal/HB0988.pdf) - Introduced: [PDF](https://capitol.tn.gov/Bills/114/Bill/SB1002.pdf) ## Related bills - SB 0855: AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; Title 8; Title 12; Title 13; Title 29; Title 54; Title 64; Title 65; Title 68 and… (signed) - SB 0539: AN ACT to amend Tennessee Code Annotated, Title 7; Title 13; Title 48; Title 49; Title 67 and Title 68, relative to low-income housing. (signed) - SB 0254: AN ACT to amend Tennessee Code Annotated, Title 38; Title 39; Title 40 and Title 55, relative to criminal law. (signed) - SB 0198: AN ACT to amend Tennessee Code Annotated, Title 67, relative to taxes. (signed) - HB 2666: AN ACT to amend Chapter 131 of the Private Acts of 1969; as amended by Chapter 85 of the Private Acts of 1987; Chapter 74 of the Private Acts of 1995; Chapter… (signed) - HB 2670: AN ACT to amend Chapter 33 of the Private Acts of 1985; as amended by Chapter 85 of the Private Acts of 2004; and any other acts amendatory thereto, relative t… (signed) ## Sources - [Enrolled / Public Chapter (PDF)](https://publications.tnsosfiles.com/acts/114/pub/pc0455.pdf) - [Fiscal Note (PDF)](https://capitol.tn.gov/Bills/114/Fiscal/HB0988.pdf) - [Introduced (PDF)](https://capitol.tn.gov/Bills/114/Bill/SB1002.pdf) ## Related - [SB 0855: AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; T…](https://policyrisk.com/state-bill/TN-SB0855-2025-2026) - [SB 0539: AN ACT to amend Tennessee Code Annotated, Title 7; Title 13; Title 48; Title 49…](https://policyrisk.com/state-bill/TN-SB0539-2025-2026) - [SB 0254: AN ACT to amend Tennessee Code Annotated, Title 38; Title 39; Title 40 and Titl…](https://policyrisk.com/state-bill/TN-SB0254-2025-2026) - [SB 0198: AN ACT to amend Tennessee Code Annotated, Title 67, relative to taxes.](https://policyrisk.com/state-bill/TN-SB0198-2025-2026) - [HB 2666: AN ACT to amend Chapter 131 of the Private Acts of 1969; as amended by Chapter…](https://policyrisk.com/state-bill/TN-HB2666-2025-2026) - [HB 2670: AN ACT to amend Chapter 33 of the Private Acts of 1985; as amended by Chapter 8…](https://policyrisk.com/state-bill/TN-HB2670-2025-2026) - [Tennessee bills](https://policyrisk.com/states/tennessee/bills) - [Tennessee state hub](https://policyrisk.com/states/tennessee) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/TN-SB1002-2025-2026 (as of 2026-11-01).