TN SB1323

Tax Credits

Introduced Senate Jack Johnson (R)
Plain English Summary

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Supporters Say

Positive media analysis is being generated.

Critics Say

Critical media analysis is being generated.

Conflict of Interest Analysis Personal Interests
8/10
Risk Level
High
Policy Area
Taxation
Industry Overlap
100%
Personal Conflicts
7 found

Senator Jack Johnson's sponsorship of SB1323, which amends provisions related to rural and workforce housing tax credits, presents significant potential conflicts of interest due to his personal financial interests. Notably, his spouse owns Johnson & Associates, a real estate company, which directly aligns with the bill's focus on real estate and housing. This relationship raises concerns about the potential for personal financial gain from the legislation, as changes to tax credits could benefit the real estate sector in which his spouse operates.

Additionally, several of Johnson's financial assets, including multiple Fidelity and Vanguard funds, are invested in sectors that encompass finance, insurance, and real estate. These investments suggest that any favorable changes to tax policies affecting real estate could indirectly enhance the value of his financial holdings. The cumulative effect of these interests indicates a high risk of personal financial benefit stemming from the legislation he sponsors, warranting careful scrutiny of his motivations in promoting this bill.

Sponsor's Personal Financial Interests

Unlike federal analysis based on campaign donations, state analysis examines legislators' personal financial interests — their jobs, businesses, and investments.

Type Description Industry Source
Occupation Vice President of Client Relations at a healthcare company AI-researched
Employer CIGNA Healthcare Health Services/HMOs TN Legislature bio
Business Owner Owner of a small business consulting firm AI-researched
Spouse Employer Owner of Johnson & Associates, a real estate company Real Estate AI-researched
Employer LFGS, LLC TN Ethics Commission
Employer COPART, INC. TN Ethics Commission
Employer BROWNING OIL COMPANY, INC. TN Ethics Commission
Business Owner BRIGHTSTONE BOARD MEMBER from Sep 2020 to current TN Ethics Commission
Asset FIDELITY PURITAN FUND Securities & Investment TN Ethics Commission
Asset FIDELITY CONTRA FUND Securities & Investment TN Ethics Commission
Asset FIDELITY OTC FUND Securities & Investment TN Ethics Commission
Asset VIRTUS NFS LARGE CAP FUND TN Ethics Commission
Asset COLUMBIA SELECT MID CAP FUND TN Ethics Commission
Asset JANUS ENTERPRISE FUND TN Ethics Commission
Asset FRANKLIN SMALL CAP FUND TN Ethics Commission
Asset DFA INTERNATIONAL VALUE FUND TN Ethics Commission
Asset BROWN CAPITAL SMALL COMPANY FUND TN Ethics Commission
Asset VANGUARD TOTAL BOND MARKET FUND Securities & Investment TN Ethics Commission
Asset VANGUARD INSTITUTIONAL INDEX FUND Securities & Investment TN Ethics Commission
Asset FIDELITY INTERNATIONAL DISCOVERY FUND Securities & Investment TN Ethics Commission
Asset COPART, INC TN Ethics Commission
Asset DODGE AND COX INCOME FUND TN Ethics Commission
Occupation Law, JUDGE TN Ethics Commission
Asset Leadership PAC: JACK PAC TN Ethics Commission

Items marked "AI-researched" are generated from public sources but have not been independently verified. Verified data is sourced from official legislature websites and disclosure filings.

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About This Analysis

This summary was generated using AI from the bill's official text and metadata. Data sourced from LegiScan and the Tennessee General Assembly. Conflict analysis examines the sponsor's personal financial interests for potential overlaps with the bill's subject matter.