Tennessee · 114th Regular Session (2025-2026) · Joint Resolution

SJR 27: Taxes, Exemption and Credits - Authorizes the allocation by the Tennessee housing development agency, and credit by the department of revenue, of the tax credit created by the Tennessee Rural and Workforce Housing Act against a taxpayer's liability for premium tax, retaliatory tax, franchise tax, and excise tax; authorizes $10 million per year to be allocated in credits for the next three calendar years. -

In committee Last action April 20, 2026: Assigned to General Subcommittee of Senate Finance, Ways and Means Committee

Plain-language summary

SJR 27 is a joint resolution introduced in the Tennessee Senate on January 15, 2025. According to its official title, it concerns: Taxes, Exemption and Credits - Authorizes the allocation by the Tennessee housing development agency, and credit by the department of revenue, of the tax credit created by the Tennessee Rural and Workforce Housing Act against a taxpayer's liability for premium tax, retaliatory tax, franchise tax, and excise tax; authorizes $10 million per year to be allocated in credits for the next three calendar years. -. Primary sponsor: Johnson. Most recent recorded action (April 20, 2026): Assigned to General Subcommittee of Senate Finance, Ways and Means Committee.

Sponsors

Primary sponsor: Johnson.