Tennessee SB 945: Public Funds and Financing - As introduced, requires the department of economic and community development to make quarterly reports instead of annual reports regarding TNInvestcos; requires the report to be submitted to all members of the general assembly rather than only the chairs of the finance committees; requires the comptroller of the treasury to develop a numerical grading system for all tax increment financing (TIF) plans; requires the comptroller to evaluate TIF plans based on the benefits the municipality is receiving from the plan and the cost of the active plan to the taxpayers in the jurisdiction. - Amends TCA Title 4, Chapter 28 and Title 9, Chapter 23.

Status: Taken off notice for cal in s/c Finance, Ways, and Means Subcommittee of Finance, Ways, and Means Committee (as of 2022-04-26)

State: Tennessee · Session: 112 · Bill: SB 945

Subjects: Public Funds and Financing

Sponsors: Hardaway, Kyle

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