Tennessee House Bill 1494: AN ACT to amend Tennessee Code Annotated, Title 4; Title 56 and Title 67, Chapter 4, relative to tax credits.

Tennessee · 114 session

What it does

As introduced, during a five-year period, authorizes excise and franchise tax credit for businesses that make monetary contributions to eligible charitable organizations approved by the governor's office of faith-based and community initiatives. - Amends TCA Title 4; Title 56 and Title 67, Chapter 4.

Latest action

Rec. for pass; ref to Finance, Ways, and Means Committee with a negative recommendation (2026-03-02)

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