SB2505Introduced in the Senate
AN ACT to amend Tennessee Code Annotated, Title 4 and Title 50, relative to economic development.
Introduced by Charlane Oliver, District 19
What does this bill do?
Plain-English breakdown
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Official description
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.
Where it stands
Assigned to General Subcommittee of Senate Commerce and Labor Committee
March 3, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
How would you vote on this bill?
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Bill history
Filed for introduction
Introduced, Passed on First Consideration
Passed on Second Consideration, refer to Senate Commerce and Labor Committee
Placed on Senate Commerce and Labor Committee calendar for 3/3/2026
Assigned to General Subcommittee of Senate Commerce and Labor Committee
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