Tennessee Senate Bill 13 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Introduced on December 2 2020 - 25% progression, died in committee
Action: 2021-02-25 - Sponsor(s) Added.
Pending: Senate Commerce and Labor Committee
Text: Latest bill text (Draft #1) [PDF]

As introduced, until July 1, 2027, lowers, from $500,000 to $100,000, the amount of the required capital investment to be made by a business engaged in an enterprise located in an adventure tourism district to qualify for a job tax credit; until July 1, 2027, reduces the minimum job creation threshold the business must meet to qualify for the tax credit from 20 jobs to 10 jobs, if located in a tier 3 enhancement county, and from 10 jobs to five jobs, if located in a tier 4 enhancement county. - Amends TCA Title 11, Chapter 11, Part 2 and Section 67-4-2109.

AN ACT to amend Tennessee Code Annotated, Title 11, Chapter 11, Part 2 and Section 67-4-2109, relative to adventure tourism districts.

Sen. Ken Yager [R]

Sen. Brenda Gilmore [D]

Date	Chamber	Action
2021-02-25	Senate	Sponsor(s) Added.
2021-01-13	Senate	Passed on Second Consideration, refer to Senate Commerce and Labor Committee
2021-01-12	Senate	Introduced, Passed on First Consideration
2020-12-02	Senate	Filed for introduction

HB0336 (Crossfiled) 2021-03-03 - Sponsor(s) Added.

Type	Source
Summary	https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB0013&ga=112
Text	https://www.capitol.tn.gov/Bills/112/Bill/SB0013.pdf
Supplement	https://www.capitol.tn.gov/Bills/112/Fiscal/SB0013.pdf