HB3972 - Tennessee - Industrial Development
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Please upgrade your Flash Player 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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Fiscal Notes
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