--- type: "Bill" title: "Industrial Development - As enacted, renames the Tennessee Technology Development Corporation by adding the designation \"dba Launch Tennessee\"; revises the purpose and functions of the corporation; increases, from three to seven years, the period during which commercial and financial information received by the corporation from an applicant remains confidential. - Amends TCA Title 4, Chapter 14, Part 3." description: "Industrial Development - As enacted, renames the Tennessee Technology Development Corporation by adding the designation \"dba Launch Tennessee\"; revises the purpose and functions of the corporation; increases, from three to seven years, the period during which commercial and financial information received by the corporation from an applicant remains confidential. - Amends TCA Title 4, Chapter 14, Part 3." jurisdiction: "us/states/tn" legislature: "Tennessee General Assembly" session: "110" identifier: "SB 2648" citation: "Tennessee SB 2648 (110)" classification: ["bill"] subjects: ["Industrial Development"] status: "enacted" primary_sponsors: ["Hazlewood", "Watson"] version_count: 1 action_count: 36 vote_count: 2 first_action: "2018-01-31" last_action: "2018-04-11" source: "openstates" source_identifier: "ocd-bill/7cf188dd-29ca-407d-b9bf-b39b3d467e4c" source_url: "http://wapp.capitol.tn.gov/apps/BillInfo/default.aspx?BillNumber=SB2648&GA=110" source_hash: "235ffd40ee43514953198da2570ce0d8a12133f8b3eb5122bab084fde872e550" vintage: "2026-07-01" source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump" retrieved_at: "2026-07-06" confidence: "reported" tags: ["legislation", "bill", "us-tn"] --- # Tennessee SB 2648 (110) — Industrial Development - As enacted, renames the Tennessee Technology Development Corporation by adding the designation "dba Launch Tennessee"; revises the purpose and functions of the corporation; increases, from three to seven years, the period during which commercial and financial information received by the corporation from an applicant remains confidential. - Amends TCA Title 4, Chapter 14, Part 3. ## Version chain The bill's text revisions, in order — the diff chain from filing to enrollment. 1. **Current Version** (committee substitute) — [source](http://www.capitol.tn.gov/Bills/110/Bill/SB2648.pdf) ## Votes - SENATE STATE AND LOCAL GOVERNMENT COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 3/21/2018 Passed (2) — **9–0** (pass) · upper - FLOOR VOTE: Motion to Adopt 3/26/2018 PASSED (1) — **29–0** (fail) · upper ## Sponsors - Hazlewood — primary (person) - Watson — primary (person) ## Timeline The legislative action history — every referral, reading, and vote. - **2018-01-31** Filed for intro. `introduction, reading-1` - **2018-02-01** Introduced, Passed on First Consideration `introduction` - **2018-02-01** Filed for introduction `introduction, reading-1` - **2018-02-01** Intro., P1C. `introduction` - **2018-02-05** Passed on Second Consideration, refer to Senate State and Local Government Committee - **2018-02-05** P2C, ref. to Local Government Committee `referral-committee` - **2018-02-07** Assigned to s/c Local Government Subcommittee `referral-committee` - **2018-02-28** Placed on s/c cal Local Government Subcommittee for 3/7/2018 - **2018-03-07** Placed on cal. Local Government Committee for 3/13/2018 - **2018-03-07** Rec. for pass by s/c ref. to Local Government Committee `committee-passage-favorable` - **2018-03-13** Action def. in Local Government Committee to 3/20/2018 - **2018-03-14** Placed on Senate State and Local Government Committee calendar for 3/20/2018 - **2018-03-14** Placed on cal. Local Government Committee for 3/20/2018 - **2018-03-20** Placed on Senate State and Local Government Committee calendar for 3/21/2018 - **2018-03-20** Action deferred in Senate State and Local Government Committee to 3/21/2018 - **2018-03-20** Rec. for pass; ref to Calendar & Rules Committee `committee-passage-favorable` - **2018-03-21** Recommended for passage, refer to Senate Calendar Committee - **2018-03-21** Placed on cal. Calendar & Rules Committee for 3/22/2018 - **2018-03-22** Sponsor(s) Added. - **2018-03-22** H. Placed on Consent Calendar for 3/26/2018 - **2018-03-23** Placed on Senate Consent Calendar 2 calendar for 3/26/2018 - **2018-03-26** Passed H., Ayes 98, Nays 0, PNV 0 `passage` - **2018-03-26** Subst. for comp. HB. - **2018-03-26** Engrossed; ready for transmission to House - **2018-03-26** Passed Senate, Ayes 29, Nays 0 `passage` - **2018-03-26** Comp. SB subst. - **2018-03-26** Sponsor(s) Added. - **2018-03-27** Enrolled and ready for signatures - **2018-03-27** Sponsor(s) Added. - **2018-03-28** Signed by Senate Speaker - **2018-03-29** Signed by H. Speaker - **2018-04-02** Transmitted to Governor for action. - **2018-04-09** Signed by Governor. `executive-signature` - **2018-04-11** Pub. Ch. 662 - **2018-04-11** Effective date(s) 07/01/2018 - **2018-04-11** Comp. became Pub. Ch. 662 ## Source OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/7cf188dd-29ca-407d-b9bf-b39b3d467e4c`. Confidence: reported (aggregated from official Tennessee legislature records).