Tennessee 114th General Assembly Status: Enacted 1 R cosponsors

SB 0784 — AN ACT to amend Tennessee Code Annotated, Section 67-4-2109, relative to tax credits for financial institutions.

Last action — Comp. became Pub. Ch. 496

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Senate
  4. ✓
    Passed House
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced February 03, 2025. Enacted.

Signed by Governor Bill Lee (Republican) on April 30, 2025.

Odds of enactment

High chance

Based on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Likely to advance 72% · moderate confidence

  • Enacted

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (1 R).

  • Cleared a recorded vote

    Passed 3 recorded votes so far.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Summary

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.

Bill Text

Action History

  1. Filed for introduction

  2. Intro., P1C.

  3. P2C, ref. to Finance, Ways, and Means Committee

  4. Assigned to s/c Finance, Ways, and Means Subcommittee

  5. Placed on s/c cal Finance, Ways, and Means Subcommittee for 2/26/2025

  6. Placed behind the budget

  7. Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2025

  8. Sponsor(s) Added.

  9. Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/17/2025

  10. Rec. for pass by s/c ref. to Finance, Ways, and Means Committee

  11. Rec. for pass. if am., ref. to Calendar & Rules Committee

  12. Placed on cal. Calendar & Rules Committee for 4/17/2025

  13. H. Placed on Regular Calendar for 4/21/2025

  14. H. adopted am. (Amendment 1 - HA0502)

  15. Passed H., as am., Ayes 92, Nays 0, PNV 0

  16. Engrossed; ready for transmission to Sen.

  17. Received from House, Passed on First Consideration

  18. Senate substituted House Bill for companion Senate Bill.

  19. Amendment withdrawn. (Amendment 1 - SA0448)

  20. Passed Senate, Ayes 33, Nays 0

  21. Enrolled; ready for sig. of H. Speaker.

  22. Signed by H. Speaker

  23. Signed by Senate Speaker

  24. Transmitted to Governor for his action.

  25. Signed by Governor.

  26. Pub. Ch. 496

  27. Effective date(s) 01/01/2026

  28. Filed for introduction

  29. Introduced, Passed on First Consideration

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

  31. Refer to Senate F,W&M Revenue Subcommittee

  32. Placed on Senate FW&M Revenue Subcommittee calendar for 3/11/2025

  33. Refer to Senate Finance, Ways & Means Committee w/ negative recommendation, as amended

  34. Rule #83(8) Suspended, to be heard in Senate Finance, Ways & Means Committee on 4/15/2025

  35. Placed on Senate Finance, Ways, and Means Committee calendar for 4/15/2025

  36. Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2025

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

  38. Placed on Senate Regular Calendar for 4/22/2025

  39. Companion House Bill substituted

  40. Comp. became Pub. Ch. 496

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 132 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (132)

132 members have not signed on to this bill.

Show all 132 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Subjects

taxation housing
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does SB 0784 do?
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.
Who sponsors SB 0784?
SB 0784 is sponsored by Walley, Page (Republican).
What is the current status of SB 0784?
This bill has been enacted into law. Introduced February 03, 2025. Enacted.
Where can I track SB 0784?
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Last checked for changes 3 months ago · updated continuously

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