Scored 4/10 on whether it helps or hurts everyday people.
The Business Donations Bill
Tax credits for business donations to governor‑approved charities
AN ACT to amend Tennessee Code Annotated, Title 4; Title 56 and Title 67, Chapter 4, relative to tax credits.
Mixed: some good, some bad ·
If passed, businesses that give money to charities approved by the governor could lower their state taxes.
Our take
What we think, in plain words.
The bill gives companies a tax break for charitable gifts, which could reduce money for public services and shift the cost to everyday taxpayers.
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The facts
What the bill actually says, no spin.
- Bill proposes excise and franchise tax credits for businesses.
- Credits would apply for a five‑year period.
- Only charities approved by the governor's faith‑based office qualify.
In the news
Scanning the news for this bill…
Headlines gathered from across the news, starting points to explore, not endorsements. Always read the official text before acting.
Sources
Read it yourself: the official bill and records.
This bill is in the Tennessee Bill Book 2026
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