Bill 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.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2018-05-23 - Comp. became Pub. Ch. 1064 [SB2622 Detail]

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Note: Tennessee does not provide sufficient information to determine typical named revision of bills. Therefore only drafts are captured, the highest order draft will always be the current version.

Bill Drafts

Revision	Date	Format	Source	View
Chaptered	2018-05-22	PDF	Link	View
Draft (#1)	2018-02-01	PDF	Link	View (#1)

Amendments

Amendment	Date	Disposition	Format	Source	View
SA0984	Not Avail	Proposed	PDF	Link	View
SA1104	Not Avail	Proposed	PDF	Link	View
SA1201	Not Avail	Proposed	PDF	Link	View

Supplemental Documents

Title	Description	Date	Format	Source	View
Fiscal Note	HB2664	Not Avail	PDF	Link	View
Fiscal Memo	Fiscal Memo for SA0984 (016118)	Not Avail	PDF	Link	View
Fiscal Memo	Fiscal Memo for SA1104 (016932)	Not Avail	PDF	Link	View

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