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HB 424 Placed on s/c cal Finance, Ways, and Means Subcommittee f…

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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Legislative Timeline

7 actions
  1. Apr 9, 2025 lower
    Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2025
  2. Mar 5, 2025 lower
    Placed behind the budget
  3. Feb 26, 2025 lower
    Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/5/2025
  4. Feb 5, 2025 lower
    P2C, ref. to Finance, Ways, and Means Committee
  5. Feb 5, 2025 lower
    Assigned to s/c Finance, Ways, and Means Subcommittee
  6. Feb 3, 2025 lower
    Intro., P1C.
  7. Jan 28, 2025 lower
    Filed for introduction
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