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SB 1596 Signed

Taxes, Exemption and Credits - 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.

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Legislative Timeline

6 actions
  1. Mar 17, 2026 lower
    Assigned to General Subcommittee of Senate FW&M Revenue Subcommittee
  2. Mar 10, 2026 lower
    Placed on Senate FW&M Revenue Subcommittee calendar for 3/17/2026
  3. Feb 10, 2026 lower
    Refer to Senate FW&M Revenue Subcommittee
  4. Jan 14, 2026 upper
    Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee
  5. Jan 13, 2026 lower
    Introduced, Passed on First Consideration
  6. Jan 12, 2026 lower
    Filed for introduction
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