Bill Commons

TN HB 691

enacted

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.

Tennessee · 114S1 · lower

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Quick answers

Did TN HB 691 pass?

Yes. TN HB 691 has been enacted into law. Latest recorded action (2025-05-27): Pub. Ch. 496

What is TN HB 691 about?

TN HB 691 is a bill in the 114S1 titled “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.”.

Who sponsors TN HB 691?

Baum is the primary sponsor of TN HB 691.

Introduced
2025-02-05
Latest action
2025-05-27 — Pub. Ch. 496
Bill type
bill
Last updated
—

Subjects

Sponsors

  • Baumprimary

Committees

Not provided by source.

Action timeline

Newest first

  1. 2025-05-27

    Pub. Ch. 496

  2. 2025-05-27

    Effective date(s) 01/01/2026

  3. 2025-05-21

    Signed by Governor.

    executive-signature

  4. 2025-05-09

    Transmitted to Governor for his action.

    executive-receipt

  5. 2025-05-08

    Signed by Senate Speaker

    passage

  6. 2025-04-30

    Signed by H. Speaker

    passage

  7. 2025-04-28

    Enrolled; ready for sig. of H. Speaker.

    enrolled

  8. 2025-04-22

    Received from House, Passed on First Consideration

    introduction

  9. 2025-04-22

    Senate substituted House Bill for companion Senate Bill.

    substitution

  10. 2025-04-22

    Amendment withdrawn. (Amendment 1 - SA0448)

  11. 2025-04-22

    Passed Senate, Ayes 33, Nays 0

    passage

  12. 2025-04-21

    H. adopted am. (Amendment 1 - HA0502)

    amendment-passage

  13. 2025-04-21

    Passed H., as am., Ayes 92, Nays 0, PNV 0

    passage

  14. 2025-04-21

    Engrossed; ready for transmission to Sen.

    receipt

  15. 2025-04-17

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

    committee-passage-favorable

  16. 2025-04-17

    Rec. for pass. if am., ref. to Calendar & Rules Committee

    committee-passage-favorable

  17. 2025-04-17

    Placed on cal. Calendar & Rules Committee for 4/17/2025

  18. 2025-04-17

    H. Placed on Regular Calendar for 4/21/2025

  19. 2025-04-16

    Sponsor(s) Added.

    sponsorship

  20. 2025-04-16

    Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/17/2025

  21. 2025-04-09

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

  22. 2025-02-26

    Placed behind the budget

  23. 2025-02-19

    Placed on s/c cal Finance, Ways, and Means Subcommittee for 2/26/2025

  24. 2025-02-10

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

    referral-committee

  25. 2025-02-06

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

    referral-committee

  26. 2025-02-05

    Intro., P1C.

    introduction

  27. 2025-02-03

    Filed for introduction

    filing

Versions

Documents

Votes

  • HOUSE FINANCE, WAYS, AND MEANS COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee 4/17/2025 Passed (4)

    2025-04-17 · pass · 27-0

  • HOUSE FINANCE, WAYS, AND MEANS SUBCOMMITTEE: Rec. for pass by s/c ref. to Finance, Ways, and Means Committee 4/17/2025 Passed (5)

    2025-04-17 · pass · 11-0

  • HOUSE FINANCE, WAYS, AND MEANS COMMITTEE: Rec. for pass. if am., ref. to Calendar & Rules Committee 4/17/2025 Passed (3)

    2025-04-17 · pass · 28-0

  • HOUSE CALENDAR & RULES COMMITTEE: H. Placed on Regular Calendar for 4/21/2025 4/17/2025 (2)

    2025-04-21 · fail · 0-0

  • FLOOR VOTE: REGULAR CALENDAR AS AMENDED PASSAGE ON THIRD CONSIDERATION 4/21/2025 Passed (1)

    2025-04-21 · pass · 92-0

  • FLOOR VOTE: Third Consideration 4/22/2025 Passed (1)

    2025-04-22 · pass · 33-0

Related bills

Official source

Attribution

Data from openstates_api_sync, retrieved 2026-11-01T18:55:01.517988Z

Inspect retained evidence for changes recorded after evidence tracking began:

Session-wide evidence can include changes to other bills:

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