Tennessee Housing Development Agency - As introduced, deletes provision requiring Tennessee rural and workforce housing tax credits to be authorized by joint resolution of the general assembly. - Amends TCA Section 13-23-134 and Chapter 971 of the Public Acts of 2024.

HB 1327 removes a requirement that the Tennessee General Assembly must approve rural and workforce housing tax credits through a joint resolution. This change directly affects the Tennessee Housing Development Agency (THDA), which administers these credits, by allowing it to manage the program without needing separate legislative authorization. The bill amends two specific sections of law to delete the existing authorization language while preserving the 2024 law's allocation rules (e.g., 50% of credits must go to rural projects). The key policy change is shifting the approval process from the legislature to the THDA's existing administrative authority. This takes effect July 1, 2025.