SB0784Introduced in the Senate
AN ACT to amend Tennessee Code Annotated, Section 67-4-2109, relative to tax credits for financial institutions.
Introduced by Page Walley, District 26
What does this bill do?
Plain-English breakdown
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Official description
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.
Where it stands
Comp. became Pub. Ch. 496
May 27, 2025
How did lawmakers vote?
SenateStage: SENATE FINANCE, WAYS AND MEANS COMMITTEE: Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 11, Nays 0 PNV 0 · April 21, 2025
11
Yes
0
No
0
Absent or Not Voting
11 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
See how each senator voted
| Senator | District | Vote |
|---|---|---|
| Bo Watson | 11 | Yes |
| Ken Yager | 12 | Yes |
| Ferrell Haile | 18 | Yes |
| Jeff Yarbro | 21 | Yes |
| Bill Powers | 22 | Yes |
| John Stevens | 24 | Yes |
| Page Walley | 26 | Yes |
| Jack Johnson | 27 | Yes |
| Joseph Hensley | 28 | Yes |
| Paul Rose | 32 | Yes |
Bill history
Filed for introduction
Introduced, Passed on First Consideration
Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee
Refer to Senate F,W&M Revenue Subcommittee
Placed on Senate FW&M Revenue Subcommittee calendar for 3/11/2025
Refer to Senate Finance, Ways & Means Committee w/ negative recommendation, as amended
Rule #83(8) Suspended, to be heard in Senate Finance, Ways & Means Committee on 4/15/2025
Placed on Senate Finance, Ways, and Means Committee calendar for 4/15/2025
Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2025
Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 11, Nays 0 PNV 0
Placed on Senate Regular Calendar for 4/22/2025
Companion House Bill substituted
Comp. became Pub. Ch. 496
Verify the information
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