SB3968 - Tennessee: Boards And Commissions, Contractors

Companion Bill HB3888. Contractors - Prohibits the member of the state licensing board for contractors who is not a contractor from having a significant financial interest in residential contracting. - Amends TCA Title 62, Chapter 6, Part 1. Fiscal Summary for SB3968 / *HB3888Increase State Expenditures - Not Significant Bill Summary for SB3968 / *HB3888 ON FEBRUARY 28, 2008, THE SENATE ADOPTED AMENDMENT #1 AND RESET SENATE BILL 3968, AS AMENDED. AMENDMENT #1 rewrites this bill. This amendment prohibits the member of the state licensing board for contractors who is not a contractor from having a significant financial interest in residential contracting. For purposes of this amendment, "significant financial interest" means 10 percent of gross personal income for a calendar year except that it means 50 percent of gross personal income for [...]

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