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HB 691 · Tennessee · 114 · Billy

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HB 691

Tennessee · 114 session · house

HB 691Taxes, 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.

Status: Signed into law
Latest action: 2025-05-27 — Effective date(s) 01/01/2026
Primary sponsor: Baum

Taxes, Exemption and Credits

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Sponsors

Baum · primaryprimary

Effective dates

What law changes on each date. Different sections can land on different dates.

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January 1, 2026In effect1 section

Extracted from the latest version's text.

Versions

Current VersionFeb 3, 2025
Amendment HA0502Feb 5, 2025
Amendment SA0448Feb 6, 2025

Legislative history

May 27, 2025
Pub. Ch. 496
May 27, 2025
Effective date(s) 01/01/2026
May 21, 2025
Signed by Governor.
May 9, 2025
Transmitted to Governor for his action.
May 8, 2025
Signed by Senate Speaker
Apr 30, 2025
Signed by H. Speaker
Apr 28, 2025
Enrolled; ready for sig. of H. Speaker.
Apr 22, 2025
Amendment withdrawn. (Amendment 1 - SA0448)
Apr 22, 2025
Passed Senate, Ayes 33, Nays 0
Apr 22, 2025
Senate substituted House Bill for companion Senate Bill.
Apr 22, 2025
Received from House, Passed on First Consideration
Apr 21, 2025
Engrossed; ready for transmission to Sen.
Apr 21, 2025
Passed H., as am., Ayes 92, Nays 0, PNV 0
Apr 21, 2025
H. adopted am. (Amendment 1 - HA0502)
Apr 17, 2025
H. Placed on Regular Calendar for 4/21/2025
Apr 17, 2025
Rec. for pass by s/c ref. to Finance, Ways, and Means Committee
Apr 17, 2025
Rec. for pass. if am., ref. to Calendar & Rules Committee
Apr 17, 2025
Placed on cal. Calendar & Rules Committee for 4/17/2025
Apr 16, 2025
Sponsor(s) Added.
Apr 16, 2025
Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/17/2025

Official sources

Version 0PDF
Version 1PDF
Version 2PDF

About this page

Is this the official Tennessee bill page?: No — this is Billy’s public legislative record for HB 691. Official source links are listed above when publishers provide them.
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