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Tennessee SB850

Business Organizations - As introduced, reduces the amount in fees charged to a foreign LLC transacting business in the state without a certificate of authority; exempts from the application of such fees certain foreign LLCs that the state has already granted a certificate of sales and use tax exemption or certificate of registration, or otherwise has formally and in writing acknowledged the company's authority to conduct business in this state. - Amends TCA Title 48, Chapter 249, Part 9.