HB2407 — Taxes, Exemption and Credits - As introduced, disallows industrial machinery franchise and excise tax credit if taxpayer's investment in industrial machinery results in a net loss of full-time employees for the taxpayer. - Amends TCA Title 67, Chapter 4 and Title 67, Chapter 6.

HB2407 — Taxes, Exemption and Credits - As introduced, disallows industrial machinery franchise and excise tax credit if taxpayer's investment in industrial machinery results in a net loss of full-time employees for the taxpayer. - Amends TCA Title 67, Chapter 4 and Title 67, Chapter 6. · Informed CitizenryHB2407 amends Tennessee Code Annotated Title 67, Chapters 4 and 6, regarding tax incentives for industrial machinery purchases. The bill adds a provision that denies the industrial machinery franch…Open in Informed Citizenry