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HB1171 • 2026

Taxes

AN ACT to amend Tennessee Code Annotated, Title 55 and Title 67, relative to taxation.

Budget Taxes
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Williams, Johnson
Last action
2026-04-15
Official status
Taken off notice for cal in s/c Finance, Ways, and Means Subcommittee of Finance, Ways, and Means Committee
Effective date
Not listed

Plain English Breakdown

The official summary does not provide details on how or when the reports must be sent, nor what specific information will be included in them.

Tennessee Tax Reporting Act

This bill amends Tennessee's tax code to include the Office of Legislative Budget Analysis as a recipient for annual reports on franchise and excise tax credits.

What This Bill Does

  • Adds the Office of Legislative Budget Analysis as a recipient for annual tax reports.
  • Modifies Title 67 of the Tennessee Code Annotated, specifically Section 67-4-2109(r)(1).

Who It Names or Affects

  • The Commissioner of Revenue in Tennessee.
  • House and Senate committees dealing with financial matters.
  • The Office of Legislative Budget Analysis.

Terms To Know

Franchise and Excise Tax Credits
Tax reductions given to businesses based on specific criteria set by the state.
Office of Legislative Budget Analysis
A department that studies budget-related issues for Tennessee's legislature.

Limits and Unknowns

  • The bill does not specify how or when these reports must be sent.
  • It is unclear what specific information will be included in the annual tax reports.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

Amendment 1-0 to HB1171

Plain English: House Government Operations 1 Amendment No.

  • House Government Operations 1 Amendment No.
  • 1 to HB1171 Lafferty Signature of Sponsor AMEND Senate Bill No.
  • 1091* House Bill No.
  • 1171 HA0747 015514 - 1 - by deleting all language after the enacting clause and substituting: SECTION 1.
Amendment 1-0 to SB1091

Plain English: Senate Finance, Ways, and Means 1 Amendment No.

  • Senate Finance, Ways, and Means 1 Amendment No.
  • 1 to SB1091 Watson Signature of Sponsor AMEND Senate Bill No.
  • 1091* House Bill No.
  • 1171 SA0943 015514 - 1 - by deleting all language after the enacting clause and substituting: SECTION 1.

Bill History

  1. 2026-04-15 Tennessee General Assembly

    Taken off notice for cal in s/c Finance, Ways, and Means Subcommittee of Finance, Ways, and Means Committee

  2. 2026-04-14 Tennessee General Assembly

    Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2026

  3. 2026-04-13 Tennessee General Assembly

    Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2026

  4. 2026-04-01 Tennessee General Assembly

    Placed behind the budget

  5. 2026-03-31 Tennessee General Assembly

    Sponsor(s) Added.

  6. 2026-03-31 Tennessee General Assembly

    Action deferred in Senate Finance, Ways, and Means Committee / Behind Budget

  7. 2026-03-25 Tennessee General Assembly

    Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/1/2026

  8. 2026-03-24 Tennessee General Assembly

    Placed on Senate Finance, Ways, and Means Committee calendar for 3/31/2026

  9. 2026-03-23 Tennessee General Assembly

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

  10. 2026-03-23 Tennessee General Assembly

    Rec. for pass. if am., ref. to Finance, Ways, and Means Committee

  11. 2026-03-18 Tennessee General Assembly

    Placed on cal. Government Operations Committee for 3/23/2026

  12. 2026-03-18 Tennessee General Assembly

    Refer to Senate F,W&M Committee

  13. 2026-03-18 Tennessee General Assembly

    Recalled from Senate F,W&M Revenue Subcommittee

  14. 2026-03-11 Tennessee General Assembly

    Ref. to Government Operations Committee for Review - Finance, Ways & Means Committee

  15. 2025-03-18 Tennessee General Assembly

    Assigned to General Subcommittee of Senate Finance, Ways & Means Revenue Subcommittee

  16. 2025-03-12 Tennessee General Assembly

    Assigned to General Subcommittee of Senate Finance, Ways & Means Revenue Subcommittee

  17. 2025-02-25 Tennessee General Assembly

    Refer to Senate Finance, Ways & Means Committee Revenue Subcommittee

  18. 2025-02-12 Tennessee General Assembly

    P2C, caption bill, held on desk - pending amdt.

  19. 2025-02-12 Tennessee General Assembly

    Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee

  20. 2025-02-10 Tennessee General Assembly

    Intro., P1C.

  21. 2025-02-10 Tennessee General Assembly

    Introduced, Passed on First Consideration

  22. 2025-02-06 Tennessee General Assembly

    Filed for introduction

  23. 2025-02-05 Tennessee General Assembly

    Filed for introduction

Official Summary Text

Abstract summarizes the bill.

Current Bill Text

Read the full stored bill text 
SENATE BILL 1091
By Johnson

HOUSE BILL 1171
By Williams

HB1171
003176
- 1 -

AN ACT to amend Tennessee Code Annotated, Title 55
and Title 67, relative to taxation.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
SECTION 1. Tennessee Code Annotated, Section 67-4-2109(r)(1), is amended by
inserting the language ", and the office of legislative budget analysis" immediately after the
language "and the senate".
SECTION 2. This act takes effect upon becoming a law, the public welfare requiring it.