Tennessee SB 949: Comptroller, State - As introduced, 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 9, Chapter 23.
Status: Passed on Second Consideration, refer to Senate State and Local Government Committee (as of 2021-02-22)
State: Tennessee · Session: 112 · Bill: SB 949
Subjects: Comptroller, State
Sponsors: Kyle
View Tennessee SB 949 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.