Tennessee SB 2505: Economic and Community Development - As introduced, creates a condition of eligibility for certain economic development incentives that employers certify that they pay employees working on the development project for which the incentive was granted at least $21.99 an hour beginning July 1, 2026, with annual adjustments thereafter by the commissioner of economic and community development based on the MIT living wage calculator; allows for recovering from employers found to be in violation of such wage requirements the incentives already provided. - Amends TCA Title 4 and Title 50.

Status: Assigned to General Subcommittee of Senate Commerce and Labor Committee (as of 2026-03-03)

State: Tennessee · Session: 114 · Bill: SB 2505

Subjects: Economic and Community Development

Sponsors: Oliver

View Tennessee SB 2505 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.