Tennessee 114th General Assembly Status: Enacted 1 R cosponsors

SB 2151 — AN ACT to amend Tennessee Code Annotated, Title 67, relative to tax credits.

Last action — Comp. became Pub. Ch. 1009

  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 02, 2026. Enacted.

Signed by Governor Bill Lee (Republican) on April 30, 2026.

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 2 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.

In plain language

The bill amends tax credit laws for financial institutions in Tennessee.

This bill revises the law related to tax credits for financial institutions, specifically concerning the Franchise Tax and Excise Tax. It aims to clarify the application process for these credits.

Summary

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.

Bill Text

Action History

  1. Filed for introduction

  2. Intro., P1C.

  3. P2C, caption bill, held on desk - pending amdt.

  4. Ref. to Government Operations Committee for Review - Finance, Ways & Means Committee

  5. Placed on cal. Government Operations Committee for 3/9/2026

  6. Rec. for pass. if am., ref. to Finance, Ways, and Means Committee

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

  8. Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/18/2026

  9. Placed behind the budget

  10. Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2026

  11. Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/15/2026

  12. Sponsor(s) Added.

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

  14. Placed on cal. Finance, Ways, and Means Committee for 4/15/2026

  15. Rec. for pass; ref to Calendar & Rules Committee

  16. Placed on cal. Calendar & Rules Committee for 4/16/2026

  17. H. Placed on Regular Calendar for 4/22/2026

  18. H. adopted am. (Amendment 1 - HA0619)

  19. Passed H., as am., Ayes 87, Nays 1, PNV 4

  20. Engrossed; ready for transmission to Sen.

  21. Received from House, Passed on First Consideration

  22. Senate substituted House Bill for companion Senate Bill.

  23. Senate adopted Amendment (Amendment 1 - SA1103)

  24. Passed Senate as amended, Ayes 30, Nays 0

  25. H. Placed on Message Calendar #2 for 4/22/26

  26. H. concurred in S. am. no. 1 Ayes 88, Nays 1 PNV 1 HB2156

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

  28. Signed by H. Speaker

  29. Signed by Senate Speaker

  30. Transmitted to Governor for his action.

  31. Signed by Governor.

  32. Pub. Ch. 1009

  33. Effective date(s) 01/01/2027

  34. Filed for introduction

  35. Introduced, Passed on First Consideration

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

  37. Refer to Senate FW&M Revenue Subcommittee

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

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

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

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

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

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

  44. Placed on Senate Regular Calendar for 4/22/2026

  45. Companion House Bill substituted

  46. Comp. became Pub. Ch. 1009

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
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 2151 do?
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.
Who sponsors SB 2151?
SB 2151 is sponsored by Walley, Page (Republican).
What is the current status of SB 2151?
This bill has been enacted into law. Introduced February 02, 2026. Enacted.
Where can I track SB 2151?
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