Taxes, Franchise - As introduced, requires the comptroller of the treasury to conduct a financial audit of all franchise tax refunds claimed and received for the prior fiscal year, with the audit results to be made available on the comptroller's website; requires all franchise tax refunds paid be open to public inspection as a public record under the public records law. - Amends TCA 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.

HB 2324 requires Tennessee's state comptroller to conduct an annual financial audit of all franchise tax refunds issued in the prior fiscal year. It also mandates that all franchise tax refunds become public records, allowing anyone to inspect the taxpayer's name and refund amount upon request. The bill amends Tennessee tax and public records laws to implement these transparency measures, making audit results available on the comptroller's website by December 31 each year. This directly affects all businesses or individuals receiving franchise tax refunds in Tennessee. The law aims to increase accountability for how franchise tax refunds are processed and distributed.