Amends TCA Title 67, Chapter 4, Part 7.

Under this bill, a business that is a part of the hospitality and traveling accommodation industry and installs an electric charger will receive a 5 percent deduction on the business's total amount of business taxes paid during a calendar year. A retail business that installs an electric charger must receive a 4 percent deduction on the business's total amount of business taxes paid during a calendar year. The state will determine businesses eligible to receive a deduction pursuant to this bill through: (A) Voluntary reporting of installed chargers by each business; (B) A list of superchargers provided by an electric vehicle manufacturer; and (C) State investigation by an employee of the special investigations section of the department of revenue, appointed by the commissioner of revenue, or other deputies, subordinate officers, clerks, investigators, or other employees appointed by the commissioner who may be necessary to conduct the investigation.