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HB 1171

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) Introduced by Ryan Williams

Tennessee bill adds Legislative Budget Analysis Office to annual tax credit reports from Revenue Commissioner, expanding fiscal oversight transparency.

Taken off notice for cal in s/c Finance, Ways, and Means Subcommittee of Finance, Ways, and Means Committee
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Bill Summary · HB 1171

Legislative bill overview

HB 1171 requires Tennessee's Commissioner of Revenue to include the Office of Legislative Budget Analysis as a recipient of annual reports on franchise and excise tax credits claimed under state law. Currently, these reports go only to House and Senate finance committees. This is a technical administrative change affecting information distribution channels.

Why is this important

Expanding report recipients enhances legislative transparency and budget oversight by ensuring budget analysts have direct access to tax credit data. This allows the legislative branch to better track tax expenditures and evaluate whether credits are achieving their intended policy goals, improving fiscal accountability.

Potential points of contention

  • Minimal fiscal impact vs. administrative burden: The bill creates minimal costs but requires coordination between agencies to route reports to an additional recipient
  • Purpose clarity: The bill doesn't explicitly state why budget analysts need separate access if finance committees already receive the reports and can share information
  • Redundancy concerns: Some may view this as unnecessary duplication if information-sharing agreements already exist between committees and budget analysts

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

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