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Latest Update: Wednesday, July, 23rd 2008

Companion Bill HB4183. Public Funds and Financing - Provides certain funding mechanism to defray the cost of constructing a stadium to be used principally for certain professional baseball games. - Amends TCA Title 67, Chapter 6. Fiscal Summary for SB4120 / *HB4183Other Fiscal Impact - If the newly constructed stadium is for the Nashville Sounds, and at least one hotel and one restaurant is built in conjunction with that new stadium, then a decrease of state revenue estimated to exceed $600,000 per year, with an offsetting increase to local government (Nashville) revenue of the same amount. In addition, an unknown amount of foregone state revenue estimated to exceed $100,000 per year, with an offsetting increase to local government (Nashville) revenue of the same amount. Such foregone state revenue results from expected incremental sales occurring at the newly-constructed [...]

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Latest Actions
  • 05/12/2008 - Assigned to Gen. Sub of: Senate Finance, Ways and Means Comm.
  • 05/08/2008 - Placed on Senate Finance, Ways and Means Comm. Calendar for 05/12/2008
  • 04/30/2008 - Referred to Senate F,W&M Comm. w/recommend
  • 04/08/2008 - Action Deferred in Senate Tax Sub. Comm. to next Calendar
  • 04/08/2008 - Action Deferred in Senate Tax Sub Committee of F,W&M. to 4/15/2008

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Bill Text
File name Last Updated
SB4120 Bill Text PDF02/05/2008

Fiscal Notes
File name Last Updated
SB4120 Fiscal Notes PDF02/17/2008