TN HB2664 | 2017-2018 | 110th General Assembly
Status
Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on May 23 2018 - 100% progression
Action: 2018-05-23 - Pub. Ch. 1064
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Bipartisan Bill
Status: Passed on May 23 2018 - 100% progression
Action: 2018-05-23 - Pub. Ch. 1064
Text: Latest bill text (Chaptered) [PDF]
Summary
As enacted, authorizes an industrial development corporation to negotiate a payment in lieu of tax agreement for less than the ad valorem taxes otherwise due for a retail business for a period longer than 10 years, plus a reasonable construction or installation period of not more than three years, in certain circumstances. - Amends TCA Section 7-53-101 and Section 7-53-305.
Title
As enacted, authorizes an industrial development corporation to negotiate a payment in lieu of tax agreement for less than the ad valorem taxes otherwise due for a retail business for a period longer than 10 years, plus a reasonable construction or installation period of not more than three years, in certain circumstances. - Amends TCA Section 7-53-101 and Section 7-53-305.
Sponsors
| Rep. Mike Carter [R] | Rep. Timothy Wirgau [R] | Rep. Charles Sargent [R] | Rep. Harold Love [D] |
| Rep. Antonio Parkinson [D] | Rep. Barbara Cooper [D] |
Roll Calls
2018-04-25 - Senate - FLOOR VOTE: as Amended Third Consideration (Y: 28 N: 3 NV: 0 Abs: 0) [FAIL]
2018-04-25 - House - FLOOR VOTE: CONCUR IN SENATE AMENDMENT # 3 (Y: 87 N: 0 NV: 0 Abs: 0) [FAIL]
2018-04-16 - House - FLOOR VOTE: AS AMENDED PASSAGE ON THIRD CONSIDERATION (Y: 94 N: 1 NV: 1 Abs: 0) [FAIL]
2018-04-25 - House - FLOOR VOTE: CONCUR IN SENATE AMENDMENT # 3 (Y: 87 N: 0 NV: 0 Abs: 0) [FAIL]
2018-04-16 - House - FLOOR VOTE: AS AMENDED PASSAGE ON THIRD CONSIDERATION (Y: 94 N: 1 NV: 1 Abs: 0) [FAIL]
History
| Date | Chamber | Action |
|---|---|---|
| 2018-05-23 | Pub. Ch. 1064 | |
| 2018-05-23 | Effective date(s) 10/01/2018 | |
| 2018-05-21 | Signed by Governor. | |
| 2018-05-10 | House | Transmitted to Governor for his action. |
| 2018-05-09 | Senate | Signed by Senate Speaker |
| 2018-05-02 | House | Signed by H. Speaker |
| 2018-05-01 | House | Enrolled; ready for sig. of H. Speaker. |
| 2018-04-25 | House | H. concurred in S. am. no. 3 Ayes 87, Nays 0 PNV 0 HB2664 |
| 2018-04-25 | House | H. Placed on Message Calendar #3 for 4/25/2018 |
| 2018-04-25 | Senate | Passed Senate as amended, Ayes 28, Nays 3 |
| 2018-04-25 | Senate | Senate adopted Amendment (Amendment 3 - SA1201) |
| 2018-04-25 | Senate | Amendment withdrawn. (Amendment 2 - SA1104) |
| 2018-04-25 | Senate | Amendment withdrawn. (Amendment 1 - SA0984) |
| 2018-04-25 | Senate | Senate substituted House Bill for companion Senate Bill. |
| 2018-04-17 | Senate | Received from House, Passed on First Consideration |
| 2018-04-16 | House | Engrossed; ready for transmission to Sen. |
| 2018-04-16 | House | Passed H., as am., Ayes 94, Nays 1, PNV 1 |
| 2018-04-16 | House | Am. withdrawn. (Amendment 1 - HA1138) |
| 2018-04-16 | House | H. adopted am. (Amendment 2 - HA1162) |
| 2018-04-10 | House | H. Placed on Regular Calendar for 4/16/2018 |
| 2018-04-10 | House | Placed on cal. Calendar & Rules Committee for 4/10/2018 |
| 2018-04-09 | House | Rec. for pass. if am., ref. to Calendar & Rules Committee |
| 2018-04-09 | House | Placed on cal. Finance, Ways & Means Committee for 4/9/2018 |
| 2018-04-09 | House | Rec for pass if am by s/c ref. to Finance, Ways & Means Committee |
| 2018-04-04 | House | Placed on s/c cal Finance, Ways & Means Subcommittee for 4/9/2018 |
| 2018-04-04 | House | Assigned to s/c Finance, Ways & Means Subcommittee |
| 2018-04-03 | House | Rec. for pass. if am., ref. to Finance, Ways & Means Committee |
| 2018-03-28 | House | Placed on cal. Local Government Committee for 4/3/2018 |
| 2018-03-27 | House | Action def. in Local Government Committee to 4/3/2018 |
| 2018-03-21 | House | Placed on cal. Local Government Committee for 3/27/2018 |
| 2018-03-20 | House | Action def. in Local Government Committee to 3/27/2018 |
| 2018-03-16 | House | Sponsor(s) Added. |
| 2018-03-14 | House | Placed on cal. Local Government Committee for 3/20/2018 |
| 2018-03-14 | House | Rec. for pass if am. by s/c ref. to Local Government Committee |
| 2018-03-07 | House | Placed on s/c cal Local Government Subcommittee for 3/14/2018 |
| 2018-03-05 | House | Sponsor(s) Added. |
| 2018-02-07 | House | Assigned to s/c Local Government Subcommittee |
| 2018-02-07 | House | P2C, ref. to Local Government Committee |
| 2018-02-05 | House | P1C. |
| 2018-02-01 | House | Filed for intro. |
| 2018-02-01 | House | Intro. |
Same As/Similar To
SB2622 (Crossfiled) 2018-05-23 - Comp. became Pub. Ch. 1064
