TN SB2538 | 2015-2016 | 109th General Assembly
Status
Completed Legislative Action
Spectrum: Strong Partisan Bill (Republican 16-1)
Status: Passed on May 5 2016 - 100% progression
Action: 2016-05-05 - Comp. became Pub. Ch. 1019
Text: Latest bill text (Draft #2) [PDF]
Spectrum: Strong Partisan Bill (Republican 16-1)
Status: Passed on May 5 2016 - 100% progression
Action: 2016-05-05 - Comp. became Pub. Ch. 1019
Text: Latest bill text (Draft #2) [PDF]
Summary
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.
Title
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.
Sponsors
Roll Calls
2016-04-05 - Senate - SENATE FINANCE, WAYS, AND MEANS COMMITTEE: Recommended for passage, refer to Senate Calendar Committee (Y: 11 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2016-05-05 | Comp. became Pub. Ch. 1019 | |
| 2016-04-18 | Senate | Sponsor(s) Added. |
| 2016-04-18 | Senate | Companion House Bill substituted |
| 2016-04-15 | Senate | Placed on Senate Regular Calendar calendar for 4/18/2016 |
| 2016-04-14 | Senate | Sponsor(s) Added. |
| 2016-04-14 | Senate | Senate Reset on calendar for 4/18/2016 |
| 2016-04-13 | Senate | Sponsor(s) Added. |
| 2016-04-13 | Senate | Placed on Senate Regular Calendar calendar for 4/14/2016 |
| 2016-04-13 | Senate | Senate Reset on calendar for 4/14/2016 |
| 2016-04-12 | Senate | Sponsor(s) Added. |
| 2016-04-08 | Senate | Placed on Senate Regular Calendar calendar for 4/13/2016 |
| 2016-04-05 | Senate | Recommended for passage, refer to Senate Calendar Committee |
| 2016-03-31 | Senate | Sponsor(s) Added. |
| 2016-03-30 | Senate | Placed on Senate Finance, Ways, and Means Committee calendar for 4/5/2016 |
| 2016-03-29 | Senate | Action deferred in Senate Finance, Ways, and Means Committee to 4/5/2016 |
| 2016-03-23 | Senate | Placed on Senate Finance, Ways, and Means Committee calendar for 3/29/2016 |
| 2016-03-08 | Senate | Action deferred in Senate Finance, Ways, and Means Committee to 3/15/2016 |
| 2016-03-03 | Senate | Sponsor(s) Added. |
| 2016-03-02 | Senate | Placed on Senate Finance, Ways, and Means Committee calendar for 3/8/2016 |
| 2016-03-01 | Senate | Sponsor(s) Added. |
| 2016-02-16 | Senate | Sponsor(s) Added. |
| 2016-01-25 | Senate | Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee |
| 2016-01-21 | Senate | Introduced, Passed on First Consideration |
| 2016-01-21 | Senate | Filed for introduction |
Same As/Similar To
HB2570 (Crossfiled) 2016-05-05 - Pub. Ch. 1019
