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SB 1091

Taxes - As introduced, adds the office of legislative budget analysis as a recipient of the annual report submitted by the commissioner of revenue to the members of the committees of the house of representatives and the senate with subject matter jurisdiction over finance-related matters on franchise and excise tax credits claimed under present law. - Amends TCA Title 55 and Title 67.

114th Regular Session (2025-2026)

Requires Tennessee's revenue commissioner to send annual tax credit reports to the legislative budget office, expanding current distribution to finance committees to include independent budget analysts.

Placed on Senate Finance, Ways, and Means Committee calendar for 4/20/2026
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Bill Summary · SB 1091

Legislative bill overview

SB 1091 requires Tennessee's Commissioner of Revenue to include the Office of Legislative Budget Analysis as a recipient of the annual report on franchise and excise tax credits claimed under state law. Currently, this report goes only to relevant House and Senate finance committees; this bill expands the distribution list to include the legislative budget office.

Why is this important

Tax credit transparency affects state budget planning and fiscal accountability. By ensuring the legislative budget office receives detailed information on tax credits claimed, lawmakers gain better insight into revenue impacts and can more effectively evaluate whether tax incentive programs are achieving intended policy goals. This supports more informed budget decisions and legislative oversight.

Potential points of contention

  • Minimal fiscal impact vs. administrative burden: Opponents may argue this creates unnecessary bureaucratic requirements with little practical benefit, while supporters contend better information access improves fiscal responsibility
  • Redundancy concerns: Critics might question whether the legislative budget office truly needs separate copies rather than accessing reports through existing committee channels
  • Information access and legislative efficiency: Supporters view this as essential transparency for independent budget analysis; opponents may see it as duplicative coordination that could be handled administratively

Compiled from official sources — confirm details with the bill’s official record.

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