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The 114th General Assembly Adjourns First Regular Session: An Overview

The first regular session of the 114th General Assembly began on January 14, 2025. The next day, Governor Bill Lee announced an extraordinary or "special" legislative session to address educational scholarship program...more

Tennessee Governor Bill Lee's 2025 State of the State Address: Key Budget and Legislative Takeaways

Tennessee Governor Bill Lee delivered his seventh State of the State address on February 10, 2025, outlining the state's legislative and budgetary priorities for the upcoming year. The proposed $59.5 billion budget for...more

Tennessee General Assembly Special Session: Overview of Education Freedom Scholarships, Disaster Relief, Transportation, and...

Governor Bill Lee announced on January 15th that he would call the 114th General Assembly into a special session to address his proposed Education Freedom Act, disaster relief legislative package relevant to Hurricane Helene,...more

Governor Bill Lee Announces Special Session Beginning January 27

Governor Bill Lee has announced a special session of the Tennessee General Assembly starting on January 27, 2025. This session will address three critical legislative priorities: the Education Freedom Act, disaster relief for...more

A Preview of the 114th Tennessee General Assembly: First Session

The first regular session of the 114th Tennessee General Assembly will convene on Tuesday, January 14 at noon. Members will return fresh off an election cycle that yielded a few new members but no net change in the Republican...more

Deadline Nears for Tennessee Franchise Tax Refund Eligibility

As originally enacted, 2024 Public Chapter 950 provides that if a taxpayer paid the franchise tax based upon the minimum measure tax base found at Tenn. Code Ann. Section 67-4-2108, then the Tennessee Department of Revenue...more

Tax Refund Process and Related Points Resulting from Constitutional Issue with Franchise Tax

A compromise version of House Bill 1893/Senate Bill 2103 was passed by both Legislative Chambers on April 25, 2024 (the Bill). Subject to Governor Lee signing the Bill into law (which is expected to occur), the following is...more

The 113th Tennessee General Assembly Adjourns Sine Die – Highlighted Overview

The 113th Tennessee General Assembly adjourned sine die on April 25, 2024. The session was dominated by debate over the size and scope of the $1.6 billion legislative fix to the state franchise tax that naturally dashed plans...more

Potential Tax Refunds Resulting from Constitutional Issue with Franchise Tax

Commissioner of the Tennessee Department of Revenue (Department), David Gerregano, recently testified before the Revenue Subcommittee of the Senate Finance, Ways and Means Committee, regarding the Department's proposed...more

Gov. Lee's Strategy: A New Era for Tennessee's Growth & Prosperity

Governor Bill Lee delivered his sixth State of the State address last night in a joint convention of the state House and Senate. The video preview of the speech highlighted the advancement of rural opportunity, fiscal...more

Legislation Filed Addressing Potential Constitutional Issue with Franchise Tax

On January 22, 2024, Tennessee Governor Bill Lee's administration filed House Bill 1893 in the 2024 Session of the 113th General Assembly. The apparent purpose of House Bill 1893 is to address the potential constitutional...more

Reduction in Tennessee State Budget Outlook and Tackling the Franchise Tax Problem

Lower-than-expected growth in the Tennessee economy has resulted in a slight decline in tax revenues thus far this fiscal year. Further complicating matters, state officials also recently disclosed a potential legal problem...more

New Legislation Proposed in Tennessee to Protect Against Deepfakes: ELVIS Act

Recent advances in technology and artificial intelligence have the power to completely disrupt the world of advertising, media, music, sports, and entertainment by manipulating digital content to create synthetic photos and...more

A Preview of the 113th Tennessee General Assembly: Second Regular Session

The second regular session of the 113th Tennessee General Assembly will convene on Tuesday, January 9 at 12:00 p.m. Central. As members return, details of the recently announced ten-year $15 billion transportation project, as...more

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