Bill Commons

TN HB 424

died on adjournment

Taxes - As introduced, urges the department of revenue to study the potential economic impact of making all franchise and excise tax credits transferable to any person or entity other than the entity to whom or to which the credits are initially made available pursuant to the statute creating the credit; requires the department to report to the finance, ways and means committee of the senate and the committee in the house of representatives having jurisdiction over tax-related matters on or before January 1, 2026 if such study is conducted. - Amends TCA Title 67, Chapter 4, Part 20 and Title 67, Chapter 4, Part 21.

Tennessee · 114S1 · lower

Quick answers

Did TN HB 424 pass?

No. TN HB 424 died when the 114S1 session adjourned without final action on it. Bills that die this way are sometimes reintroduced in a later session. Latest recorded action (2025-04-09): Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2025

What is TN HB 424 about?

TN HB 424 is a bill in the 114S1 titled “Taxes - As introduced, urges the department of revenue to study the potential economic impact of making all franchise and excise tax credits transferable to any person or entity other than the entity to whom or to which the credits are initially made available pursuant to the statute creating the credit; requires the department to report to the finance, ways and means committee of the senate and the committee in the house of representatives having jurisdiction over tax-related matters on or before January 1, 2026 if such study is conducted. - Amends TCA Title 67, Chapter 4, Part 20 and Title 67, Chapter 4, Part 21.”.

Who sponsors TN HB 424?

Baum is the primary sponsor of TN HB 424.

Introduced
2025-02-03
Latest action
2025-04-09 — Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2025
Bill type
bill
Last updated
—

Subjects

Sponsors

  • Baumprimary

Committees

Not provided by source.

Action timeline

  1. 2025-01-28

    Filed for introduction

    filing

  2. 2025-02-03

    Intro., P1C.

    introduction

  3. 2025-02-05

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

    referral-committee

  4. 2025-02-05

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

    referral-committee

  5. 2025-02-26

    Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/5/2025

  6. 2025-03-05

    Placed behind the budget

  7. 2025-04-09

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

Versions

Documents

Votes

Not provided by source.

Related bills

Official source

https://wapp.capitol.tn.gov/apps/BillInfo/Default?BillNumber=HB0424&ga=114

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:32:51.339172Z

Inspect retained evidence for changes recorded after evidence tracking began:

Source and document changesStatus and relationship changes

Use this data

Every field on this page is available from the free public API — no key or licence required. Fetch this bill as JSON: GET /api/v1/bills?jurisdiction=TN&identifier=HB 424. See the API docs or the MCP server for AI assistants.

Known limitations

  • Sponsor party and chamber affiliation are not yet captured by this API.
  • Committee referrals are not yet captured.
  • Some documents have no extracted text yet, so version comparison may be limited.

See the methodology page for data sources and limitations.