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.

Looking ahead

No hearings or votes scheduled.

History

1. 2026
   1. Apr 20Assigned to General Subcommittee of Senate Finance, Ways, and Means CommitteeLatest
   2. Apr 20Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2026
   3. Apr 16Placed on Senate Finance, Ways, and Means Committee calendar for 4/20/2026
   4. Apr 14Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2026
2. 2025
   1. Apr 21Action deferred in Senate Finance, Ways, and Means Committee to 1/13/2026
   2. Apr 17Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2025
   3. Apr 14Rule #83(8) Suspended, to be heard in Senate Finance, Ways & Means Committee on 4/15/2025
   4. Apr 14Placed on Senate Finance, Ways, and Means Committee calendar for 4/15/2025
   5. Mar 18Refer to Senate Finance, Ways & Means Committee w/ negative recommendation, as amended
   6. Mar 11Action deferred in Senate FW&M Revenue Subcommittee to 3/18/2025
   7. Mar 11Placed on Senate FW&M Revenue Subcommittee calendar for 3/18/2025
   8. Mar 4Placed on Senate FW&M Revenue Subcommittee calendar for 3/11/2025
   9. Feb 18Refer to Senate F,W&M Revenue Subcommittee
   10. Feb 12Passed on Second Consideration, refer to Senate Finance, Ways, and Means CommitteeMinor
   11. Feb 10Introduced, Passed on First ConsiderationMinor
   12. Jan 28Filed for introductionIntroduced