State officials work to dismantle business incentive transparency, accountability bill

Submitted by NFOIC on Fri, 03/29/2019 - 8:00am

The agency responsible for attracting business to Tennessee has worked behind the scenes to dismantle state legislation that could increase transparency and accountability for business grants and tax breaks.

Officials from the Tennessee Department of Economic and Community Development, with the backing of Gov. Bill Lee, pushed to strip nearly every significant provision from the House version of the FACTS Act, a bill designed to better protect public funds and allow taxpayers to see which companies receive tax breaks. (Read more here...)