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Latest Update: Wednesday, July, 23rd 2008

Companion Bill SB3858. Industrial Development - Revises requirements for economic impact plans of industrial development corporations. - Amends TCA Title 7, Chapter 53. Fiscal Summary for HB3972 / *SB3858Foregone Local Revenue - Exceeds $100,000/Permissive Bill Summary for HB3972 / *SB3858 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
  • 03/26/2008 - Taken Off Notice For Calendar in Subcommittee Local Government of S&LG of State & Local Government Committee
  • 03/19/2008 - Placed on Subcommittee Calendar Local Government of S&LG for 03/26/2008
  • 03/19/2008 - Action Deferred in Subcommittee Local Government of S&LG to 3/26/2008
  • 03/12/2008 - Placed on Subcommittee Calendar Local Government of S&LG for 03/19/2008
  • 02/20/2008 - Assigned to Subcommittee Local Government of S&LG

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Bill Text
File name Last Updated
HB3972 Bill Text PDF02/04/2008

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