Amends TCA Section 13-23-134 and Chapter 971 of the Public Acts of 2024.
Tennessee HB1327 amends TCA Section 13-23-134 by removing the requirement for Tennessee rural and workforce housing tax credits to be authorized by a joint resolution of the General Assembly. This change affects the process for approving tax credits aimed at supporting rural and workforce housing initiatives in Tennessee. The key provision eliminates the legislative approval step, potentially streamlining the allocation of these tax credits.
Tennessee HB1327 amends TCA Section 13-23-134 by removing the requirement for Tennessee rural and workforce housing tax credits to be authorized by a joint resolution of the General Assembly. This change affects the process for approving tax credits aimed at supporting rural and workforce housing initiatives in Tennessee. The key provision eliminates the legislative approval step, potentially streamlining the allocation of these tax credits.
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Lamberth, William
114th General Assembly
February 6, 2025
April 1, 2025
Taken off notice for cal. in State & Local Government Committee