States / Tennessee / SB 2505

SB 2505 In Committee

Economic and Community Development - 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.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted
Mar 3, 2026 · House
Assigned to General Subcommittee of Senate Commerce and Labor Committee
Feb 24, 2026 · House
Placed on Senate Commerce and Labor Committee calendar for 3/3/2026
Feb 5, 2026 · Senate
Passed on Second Consideration, refer to Senate Commerce and Labor Committee
Feb 2, 2026 · House
Introduced, Passed on First Consideration
Feb 2, 2026 · House
Filed for introduction