SB0683 - Tennessee: Economic And Community Development, Revenue, Revenue, Dept. Of

Companion Bill HB0791. Economic and Community Development - Authorizes commissioner of revenue to collect infrastructure costs against certain businesses; infrastructure costs shall only be assessed if infrastructure benefits such business and such business fails to comply with agreed-upon investments in the state of Tennessee. - Amends TCA Title 67. Fiscal Summary for *SB0683 / HB0791Increase State Expenditures - $28,000 One-Time Other Fiscal Impact - The fiscal impact of this bill is dependent upon several unknown factors such as (1) the number of entities that would fail to comply with established requirements, (2) the extent of recruitment costs and infrastructure costs expended by the state, and (3) the percent of such costs actually recovered. As a result, the fiscal impact for this bill is not quantifiable. Bill Summary for *SB0683 / HB0791 [...]

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