HB2156 — Taxes, Exemption and Credits - As enacted, revises law relative to a financial institution applying for a credit against the sum total of the taxes imposed by the Franchise Tax law and by the Excise Tax law. - Amends TCA Title 67.

HB2156 — Taxes, Exemption and Credits - As enacted, revises law relative to a financial institution applying for a credit against the sum total of the taxes imposed by the Franchise Tax law and by the Excise Tax law. - Amends TCA Title 67. · Informed CitizenryThis bill amends the Tennessee Code to modify the calculation of certain tax credits related to community development financial institutions. It sets the credit at three percent (3%) annually of th…Open in Informed Citizenry