Bill Sponsors: TN SB2622 | 2017-2018 | 110th General Assembly
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]
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Partisan Bill (Republican 1-0)
Status: (Passed) 2018-05-23 - Comp. became Pub. Ch. 1064 [SB2622 Detail]
Text: Latest bill text (Chaptered) [PDF]
Sponsors
Name | Type | Sponsorship | District | Financial | Encyclopedia | Biography |
---|---|---|---|---|---|---|
Senator Mark Norris [R] | Primary | Sponsored Bills | SD-032 | FollowTheMoney | Ballotpedia | VoteSmart |