A RESOLUTION authorizing low-income housing tax credits.

Introduced on 1/15/25

Version 1 Text

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From the Legislature

Authorizes the allocation by the Tennessee housing development agency, and credit by the department of revenue, of the tax credit created by the Tennessee Rural and Workforce Housing Act against a taxpayer's liability for premium tax, retaliatory tax, franchise tax, and excise tax; authorizes $10 million per year to be allocated in credits for the next three calendar years.

Sponsors

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3
RRR
Democratic CaucusRepublican Caucus

Calendar

Feb 25, 2025

9:30 AM

Senate Revenue Subcommittee Of Finance, Ways & Means Hearing

Mar 4, 2025

8:30 AM

Senate Finance, Ways And Means Hearing

Apr 20

1:00 PM

Senate Finance, Ways And Means Hearing