All Roll Calls
Yes: 162 • No: 0
TennesseeHB 0635114th General Assembly (2025-2026)HouseWALLET
AN ACT to amend Tennessee Code Annotated, Section 67-4-2006, relative to taxation.
Sponsored By: Sponsor information unavailable
Signed by Governor
Taxes, Excise
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
Tennessee businesses gain limited tax-adjustment choices
Effective upon enactment, Tennessee franchise and excise taxpayers can choose to add certain deductions back to their net earnings. Eligible amounts include federal income deductions that are also deductible when calculating Tennessee net earnings. Amounts subtracted under Tennessee Code Section 67-4-2006(b)(2) also qualify. Taxpayers can make, change, or remove these additions for any tax year on a timely original or amended return. These changes cannot lower net earnings below the amount calculated without this option.
Sponsors & Cosponsors
Sponsors
There is no primary sponsor on record.
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
Senate vote • 4/14/2025
FLOOR VOTE: Third Consideration 4/14/2025
Yes: 32 • No: 0
House vote • 3/24/2025
FLOOR VOTE: REGULAR CALENDAR AS AMENDED PASSAGE ON THIRD CONSIDERATION 3/24/2025
Yes: 94 • No: 0
House vote • 3/24/2025
HOUSE CALENDAR & RULES COMMITTEE
Yes: 0 • No: 0
House vote • 3/18/2025
HOUSE FINANCE, WAYS, AND MEANS COMMITTEE
Yes: 23 • No: 0
House vote • 3/12/2025
HOUSE FINANCE, WAYS, AND MEANS SUBCOMMITTEE
Yes: 13 • No: 0
Bill Text
HA0112 (Substitute)
3/24/2025
Enrolled / Public Chapter
Fiscal Note
Introduced
SA0371
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