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.

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Chamber: Senate
Introduced: Feb 4, 2025
Last action: May 27, 2025 — Comp. became Pub. Ch. 496
Session: 114
Momentum: 32 · Low

PASSAGE PROBABILITY

25% Uncertain

Why this number

Stage base In Committee — base rate 51%, measured from TN's completed sessions
Momentum -4 32/100 from the pace of recorded action
Time since last action -22 506 days quiet

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