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Latest Update: Sunday, July, 06th 2008
Companion Bill SB2061. Industrial Development - Requires vote of approval by two thirds of county legislative body for an industrial development corporation to negotiate annual payments in lieu of taxes for less than an amount equal to property taxes that would have been available for local schools were its property not exempt. - Amends TCA Section 7-53-305. Fiscal Summary for *HB1473 / SB2061 Increase Local Govt. Revenues - Exceeds $17,500,000 Bill Summary for *HB1473 / SB2061 ON APRIL 19, 2007, THE SENATE ADOPTED AMENDMENT #1 AND RE-REFERRED SENATE BILL 2061 TO THE CALENDAR COMMITTEE. AMENDMENT #1 rewrites this bill. This amendment creates a special committee to conduct a study of payment-in-lieu-of-tax programs and their impact on education finance. The committee would consist of three members of the senate and three members of the [...] show full description
- 06/06/2007 - Action Deferred in Subcommittee Budget of Finance, Ways and Means to 6/7/2007
- 06/01/2007 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 06/08/2007
- 04/25/2007 - Placed Behind the Budget
- 04/18/2007 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 04/25/2007
- 04/18/2007 - Assigned to Subcommittee Budget of FW&M
show all actions- 06/06/2007 - Action Deferred in Subcommittee Budget of Finance, Ways and Means to 6/7/2007
- 06/01/2007 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 06/08/2007
- 04/25/2007 - Placed Behind the Budget
- 04/18/2007 - Placed on Subcommittee Calendar Budget of Finance, Ways and Means for 04/25/2007
- 04/18/2007 - Assigned to Subcommittee Budget of FW&M
- 04/10/2007 - Recommended for Passage if Am. Referred to: Finance, Ways & Means Committee
- 04/04/2007 - Placed on Calendar State & Local Government Committee for 04/10/2007
- 04/03/2007 - Action Deferred in State & Local Government Committee to 4/10/2007
- 03/28/2007 - Placed on Calendar State & Local Government Committee for 04/03/2007
- 03/20/2007 - Action Deferred in State & Local Government Committee to 4/3/2007
- 03/14/2007 - Placed on Calendar State & Local Government Committee for 03/20/2007
- 03/14/2007 - Recommended For Passage by Subcommittee Referred to State & Local Government Committee
- 03/07/2007 - Placed on Subcommittee Calendar Local Government of S&LG for 3/14/2007
- 02/26/2007 - Assigned to Subcommittee Local Government of S&LG
- 02/15/2007 - Passed second consideration, Referred to State & Local
- 02/14/2007 - Introduced, Passed first consideration
- 02/13/2007 - Filed for Introduction
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Fiscal Notes
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