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: Bipartisan Bill

Status: (Passed) 2018-05-23 - Pub. Ch. 1064 [HB2664 Detail]

Text: Latest bill text (Chaptered) [PDF]

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Voting Records

Chamber	Vote	Date	Yea	Nay	NV	Abs	Total	Result	Source	View
Senate	FLOOR VOTE: as Amended Third Consideration	2018-04-25	28	3	0	0	31	Failed	Link	View
House	FLOOR VOTE: CONCUR IN SENATE AMENDMENT # 3	2018-04-25	87	0	0	0	87	Failed	Link	View
House	FLOOR VOTE: AS AMENDED PASSAGE ON THIRD CONSIDERATION	2018-04-16	94	1	1	0	96	Failed	Link	View

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