TN HB2581 | 2023-2024 | 113th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 30 2024 - 25% progression, died in chamber
Action: 2024-02-07 - Assigned to s/c Property & Planning Subcommittee
Text: Latest bill text (Draft #1) [PDF]
Status: Introduced on January 30 2024 - 25% progression, died in chamber
Action: 2024-02-07 - Assigned to s/c Property & Planning Subcommittee
Text: Latest bill text (Draft #1) [PDF]
Summary
As introduced, requires, in counties with a population of 60,000 or less, payment in lieu of tax agreements to be approved by a majority vote of the city or county legislative body of each affected taxing jurisdiction before an industrial development corporation, housing authority, or health, educational, and housing facility corporation negotiates the agreement. - Amends TCA Title 7, Chapter 53; Title 13, Chapter 20 and Title 48.
Title
AN ACT to amend Tennessee Code Annotated, Title 7, Chapter 53; Title 13, Chapter 20 and Title 48, relative to payments in lieu of ad valorem taxes.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-02-07 | House | Assigned to s/c Property & Planning Subcommittee |
| 2024-02-05 | House | P2C, ref. to Local Government Committee |
| 2024-02-01 | House | Intro., P1C. |
| 2024-01-30 | House | Filed for introduction |
Same As/Similar To
SB2417 (Crossfiled) 2024-02-01 - Passed on Second Consideration, refer to Senate State and Local Government Committee
