Taxes, Exemption and Credits - As enacted, revises law relative to a financial institution applying for a credit against the sum total of the taxes imposed by the Franchise Tax law and by the Excise Tax law. - Amends TCA Title 67.

Comp. became Pub. Ch. 1009

Companion House Bill substituted

Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 11, Nays 0 PNV 0

Placed on Senate Regular Calendar for 4/22/2026

Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2026

Placed on Senate Finance, Ways, and Means Committee calendar for 4/20/2026

Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2026

Refer to Senate F,W&M Committee w/ negative recommendation, as amended

Placed on Senate FW&M Revenue Subcommittee calendar for 3/17/2026

Refer to Senate FW&M Revenue Subcommittee

Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee

Filed for introduction

Introduced, Passed on First Consideration