HB1493 - Tennessee: Business And Commerce, Local Government, General, Nuisances, Zoning

Zoning - Authorizes residents in home-rule municipalities, in counties with charter form of government, to block nuisance businesses from locating in their neighborhood if more than 20 percent of registered voters residing within three miles of such proposed business sign a petition and such petition is filed with the board of zoning. - Amends TCA Title 13, Chapter 7, Part 2.

Increase Local Govt. Expenditures - Not Significant Other Fiscal Impact - If local governments prevent the location of a business in a particular area, that local government and the state may experience a decrease in sales tax revenue that would have been generated by the business in the absence of the provisions of this bill. Such decrease may be offset to some extent if barring the business in a particular area leads to higher property values in the area and subsequently higher property tax revenue.