AN ACT to amend Tennessee Code Annotated, Title 4; Title 56 and Title 67, Chapter 4, relative to tax 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.