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TN HB2324
Bill
Status
2/2/2026
Primary Sponsor
Larry Miller
Click for details
AI Summary
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Franchise tax refunds become public records open to inspection, including taxpayer names and total amounts refunded, overriding existing confidentiality provisions in § 67-1-1702
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The Comptroller of the Treasury must conduct or contract for at least one annual financial audit of all franchise tax refunds claimed and issued for the prior fiscal year
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Audit reports must be published on the Comptroller's website no later than December 31 of the subsequent fiscal year
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Takes effect immediately upon becoming law
Legislative Description
AN ACT to amend Tennessee Code Annotated, Title 10, Chapter 7; Title 67, Chapter 1, Part 17; Title 67, Chapter 1, Part 18; Title 67, Chapter 1, Part 8 and Title 67, Chapter 4, Part 21, relative to audits of refunds claimed for franchise taxes.
Taxes, Franchise
Last Action
Assigned to s/c Public Service Subcommittee
2/5/2026