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TN HB2570

Bill

Status

Passed

5/5/2016

Primary Sponsor

Gerald McCormick

Click for details

Origin

House of Representatives

109th General Assembly

AI Summary

Legislative Description

As enacted, enacts the "Rural Economic Opportunity Act of 2016"; authorizes a job tax credit for qualified business enterprises located in tier 4 enhancement counties; specifies the minimum jobs criteria and requirements to qualify for the credit; establishes the propelling rural economic progress (P.R.E.P.) fund; establishes guidelines for making grants from the P.R.E.P. fund. - Amends TCA Title 4, Chapter 3 and Title 67, Chapter 4.

Economic and Community Development

Last Action

Pub. Ch. 1019

5/5/2016

Committee Referrals

Calendar and Rules3/8/2016
Finance, Ways & Means2/24/2016
Business and Utilities2/16/2016
Business and Utilities Subcommittee2/10/2016
Business and Utilities1/27/2016

Full Bill Text

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