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Latest Update: Wednesday, July, 23rd 2008

Companion Bill HB3973. Industrial Development - Revises requirements concerning corporate powers and allocation of taxes. - Amends TCA Title 7, Chapter 53. Fiscal Summary for *SB2760 / HB3973 Foregone Local Revenue - Exceeds $100,000/Permissive Bill Summary for *SB2760 / HB3973 The present law provisions governing industrial development corporations authorize an industrial development corporation to submit an economic impact plan for a particular area. The area to be included in the plan must be located in the municipality and must include an industrial park or project that is either owned by such corporation or with respect to which the corporation has provided or will provide financial assistance including the loan of funds. The plan must discuss the expected benefits to the municipality from the development of the area, including anticipated [...]

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Latest Actions
  • 05/07/2008 - Re-Referred to Senate Calendar Comm.
  • 05/02/2008 - Placed on Senate Regular Calendar (1) Calendar for 05/07/2008
  • 05/01/2008 - Senate Reset on Calendar for 5/7/2008
  • 04/30/2008 - Placed on Senate Regular Calendar (1) Calendar for 05/01/2008
  • 04/24/2008 - Senate Reset on Calendar for 5/1/2008

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Bill Text
File name Last Updated
Amendment 1-0 to SB276004/24/2008
SB2760 Bill Text PDF01/15/2008

Fiscal Notes
File name Last Updated
SB2760 Fiscal Notes PDF02/19/2008