TennesseeTaxes, Exemption and Credits - As enacted, changes the amounts of the franchise and excise tax credits allowed to financial institutions from certain percentages of the unpaid principal balance of certain qualified loans made to eligible housing entities to certain percentages of the month-end average unpaid principal balance of such loans; makes other related revisions. - Amends TCA Section 67-4-2109.
What it does
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- May 27Comp. became Pub. Ch. 496Latest
- Apr 22Companion House Bill substitutedMajor
- Apr 21Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 11, Nays 0 PNV 0
- Vote recorded SENATE FINANCE, WAYS AND MEANS COMMITTEE: Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 11, Nays 0 PNV 0 4/21/2025 Passed. Result: pass.Upper
- Apr 21Placed on Senate Regular Calendar for 4/22/2025
- Apr 17Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2025
- Apr 14Rule #83(8) Suspended, to be heard in Senate Finance, Ways & Means Committee on 4/15/2025
- Apr 14Placed on Senate Finance, Ways, and Means Committee calendar for 4/15/2025
- Mar 11Refer to Senate Finance, Ways & Means Committee w/ negative recommendation, as amended
- Mar 4Placed on Senate FW&M Revenue Subcommittee calendar for 3/11/2025
- Feb 18Refer to Senate F,W&M Revenue Subcommittee
- Feb 12Passed on Second Consideration, refer to Senate Finance, Ways, and Means CommitteeMinor
- Feb 10Introduced, Passed on First ConsiderationMinor
- Feb 4Filed for introductionIntroduced