HB 691
Pub
Taxes, 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.
- Tennessee
- House / Assembly
- Introduced Feb 3, 2025
- Session 114
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View on official siteLegislative Timeline
27 actions-
Pub. Ch. 496
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Effective date(s) 01/01/2026
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Signed by Governor.
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Transmitted to Governor for his action.
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Signed by Senate Speaker
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Signed by H. Speaker
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Enrolled; ready for sig. of H. Speaker.
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Received from House, Passed on First Consideration
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Senate substituted House Bill for companion Senate Bill.
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Amendment withdrawn. (Amendment 1 - SA0448)
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Passed Senate, Ayes 33, Nays 0
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H. adopted am. (Amendment 1 - HA0502)
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Passed H., as am., Ayes 92, Nays 0, PNV 0
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Engrossed; ready for transmission to Sen.
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Rec. for pass by s/c ref. to Finance, Ways, and Means Committee
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Rec. for pass. if am., ref. to Calendar & Rules Committee
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Placed on cal. Calendar & Rules Committee for 4/17/2025
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H. Placed on Regular Calendar for 4/21/2025
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Sponsor(s) Added.
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Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/17/2025
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Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2025
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Placed behind the budget
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Placed on s/c cal Finance, Ways, and Means Subcommittee for 2/26/2025
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Assigned to s/c Finance, Ways, and Means Subcommittee
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P2C, ref. to Finance, Ways, and Means Committee
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Intro., P1C.
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Filed for introduction