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Home > Tennessee > SB3858
Tagged in: Industrial Development

Latest Update: Monday, July, 07th 2008

Companion Bill HB3972. Industrial Development - Revises requirements for economic impact plans of industrial development corporations. - Amends TCA Title 7, Chapter 53. Fiscal Summary for *SB3858 / HB3972Foregone Local Revenue - Exceeds $100,000/Permissive Bill Summary for *SB3858 / HB3972 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
  • 03/20/2008 - Withdrawn.
  • 03/20/2008 - Recalled from Senate S&L Governor Comm.
  • 01/30/2008 - Passed second consideration, Referred to Senate S&L Govt. Comm.
  • 01/28/2008 - Introduced, Passed first consideration
  • 01/28/2008 - Filed for Introduction
Bill Text
File name Last Updated
SB3858 Bill Text PDF01/31/2008

Fiscal Notes
File name Last Updated
SB3858 Fiscal Notes PDF02/19/2008