Scored 6/10 on whether it helps or hurts everyday people.
The Legislative Budget Bill
Legislative budget office to get tax credit reports
AN ACT to amend Tennessee Code Annotated, Title 55 and Title 67, relative to taxation.
Mixed: some good, some bad ·
The bill would make the state’s budget office receive yearly tax credit reports, giving lawmakers more info about franchise and excise tax credits.
Our take
What we think, in plain words.
If passed, the budget office will see detailed data on tax credits, which could help spot waste or abuse, but it adds another layer of reporting for the revenue department.
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The facts
What the bill actually says, no spin.
- Adds the office of legislative budget analysis as a recipient of the annual revenue report.
- The report covers franchise and excise tax credits claimed under current law.
- Amends Tennessee Code Title 55 and Title 67.
- Introduced by Rep. Ryan Williams (R) and placed in Finance, Ways, and Means Subcommittee.
How they voted
The actual floor vote, and who broke from their own party.
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In the news
Scanning the news for this bill…
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Sources
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This bill is in the Tennessee Bill Book 2026
The best and worst Tennessee bills of 2026, one page each — our take on the left, the bill on the right, and room for your notes. No email needed.
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