HB1494 — Taxes, Exemption and Credits - As introduced, during a five-year period, authorizes excise and franchise tax credit for businesses that make monetary contributions to eligible charitable organizations approved by the governor's office of faith-based and community initiatives. - Amends TCA Title 4; Title 56 and Title 67, Chapter 4.

HB1494 — Taxes, Exemption and Credits - As introduced, during a five-year period, authorizes excise and franchise tax credit for businesses that make monetary contributions to eligible charitable organizations approved by the governor's office of faith-based and community initiatives. - Amends TCA Title 4; Title 56 and Title 67, Chapter 4. · Informed CitizenryHB1494 proposes to establish a tax credit for qualified businesses that make monetary contributions to eligible charitable organizations. For tax years beginning between January 1, 2027, and Januar…Open in Informed Citizenry