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SB0220Introduced in the Senate

AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; Title 9; Title 13; Title 48 and Title 67, relative to property tax incentives to encourage economic and community development.

IntroducedSenate State and Local Government

Introduced by Brent Taylor, District 31

What does this bill do?

Plain-English breakdown

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Official description

As introduced, creates the commercial development board; with respect to new commercial property developed by private entities in certain taxing jurisdictions, authorizes the private entities to enter into agreements for payments in lieu of ad valorem taxes and leases with the commercial development board. - Amends TCA Title 4; Title 5; Title 6; Title 7; Title 9; Title 13; Title 48 and Title 67.

Where it stands

Recommended for passage, refer to Senate State and Local Government Committee

March 19, 2025

How did lawmakers vote?

SenateStage: SENATE GOVERNMENT OPERATIONS COMMITTEE: Recommended for passage, refer to Senate State and Local Government Committee · March 19, 2025

6

Yes

2

No

0

Absent or Not Voting

8 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

What do people think?

Citizen Voice

How would you vote on this bill?

An unofficial public opinion poll. It does not affect the bill or the official vote.

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See how each senator voted

Bill history

  1. Filed for introduction

  2. Introduced, Passed on First Consideration

  3. Passed on Second Consideration, refer to Senate Government Operations Committee

  4. Placed on Senate Government Operations Committee calendar for 3/19/2025

  5. Recommended for passage, refer to Senate State and Local Government Committee

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