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
No summary has been published for this bill. The full text is on the Bill text tab.
- Chamber
- Senate
- Introduced
- Feb 2, 2026
- Last action
- Mar 3, 2026 — Assigned to General Subcommittee of Senate Commerce and Labor Committee
- Session
- 114
- Momentum
- 28 · Low