Taxes - As introduced, urges the department of revenue to study the potential economic impact of making all franchise and excise tax credits transferable to any person or entity other than the entity to whom or to which the credits are initially made available pursuant to the statute creating the credit; requires the department to report to the finance, ways and means committee of the senate and the committee in the house of representatives having jurisdiction over tax-related matters on or before January 1, 2026 if such study is conducted. - Amends TCA Title 67, Chapter 4, Part 20 and Title 67, Chapter 4, Part 21.
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More on this bill
Where it stands
Introduced
2Passed House
3Passed Senate
4To Governor
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2025
Apr 9Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2025Latest
Mar 5Placed behind the budget
Feb 26Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/5/2025
Feb 5P2C, ref. to Finance, Ways, and Means CommitteeMinor
Feb 5Assigned to s/c Finance, Ways, and Means SubcommitteeMinor