---
type: "Bill"
title: "Industrial Development - As enacted, directs the Tennessee advisory commission on intergovernmental relations (TACIR) to perform a study of the payment in lieu of ad valorem tax agreements and leases entered into by industrial development corporations organized by municipalities. - Amends TCA Title 7, Chapter 53, Part 3."
description: "Industrial Development - As enacted, directs the Tennessee advisory commission on intergovernmental relations (TACIR) to perform a study of the payment in lieu of ad valorem tax agreements and leases entered into by industrial development corporations organized by municipalities. - Amends TCA Title 7, Chapter 53, Part 3."
jurisdiction: "us/states/tn"
legislature: "Tennessee General Assembly"
session: "110"
identifier: "SB 1362"
citation: "Tennessee SB 1362 (110)"
classification: ["bill"]
subjects: ["Industrial Development"]
status: "enacted"
primary_sponsors: ["Bailey", "Hicks"]
version_count: 1
action_count: 46
vote_count: 3
first_action: "2017-02-09"
last_action: "2017-05-23"
source: "openstates"
source_identifier: "ocd-bill/8ba01346-d0e8-4e4c-8f53-ffeff7491cbe"
source_url: "http://wapp.capitol.tn.gov/apps/BillInfo/default.aspx?BillNumber=SB1362&GA=110"
source_hash: "012b0f8b14428ca20ed5461b0fbf6579489227064f2003e43ff12d0e823921d0"
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 1362 (110) — Industrial Development - As enacted, directs the Tennessee advisory commission on intergovernmental relations (TACIR) to perform a study of the payment in lieu of ad valorem tax agreements and leases entered into by industrial development corporations organized by municipalities. - Amends TCA Title 7, Chapter 53, 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/SB1362.pdf)

## Votes

- FLOOR VOTE: PASSAGE ON THIRD CONSIDERATION 5/4/2017 Passed (1) — **90–0** (pass) · lower
- FLOOR VOTE: THIRD CONSIDERATION AMENDED 4/24/2017 Passed (1) — **30–0** (pass) · upper
- SENATE STATE AND LOCAL GOVERNMENT COMMITTEE: Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 8, Nays 0 PNV 0 4/11/2017 Passed (2) — **8–0** (pass) · upper

## Sponsors

- Bailey — primary (person)
- Hicks — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2017-02-09** Introduced, Passed on First Consideration `introduction`
- **2017-02-09** Filed for introduction `introduction, reading-1`
- **2017-02-09** Intro. `introduction`
- **2017-02-09** Filed for intro. `introduction, reading-1`
- **2017-02-13** Passed on Second Consideration, refer to Senate State and Local Government Committee
- **2017-02-13** P1C.
- **2017-02-15** Assigned to s/c Local Government Subcommittee `referral-committee`
- **2017-02-15** P2C, ref. to Local Government Committee `referral-committee`
- **2017-03-22** Placed on s/c cal Local Government Subcommittee for 3/28/2017
- **2017-03-28** Action Def. in s/c Local Government Subcommittee to 4/4/2017
- **2017-03-29** Placed on Senate State and Local Government Committee calendar for 4/4/2017
- **2017-03-29** Placed on s/c cal Local Government Subcommittee for 4/4/2017
- **2017-04-04** Placed on Senate State and Local Government Committee calendar for 4/5/2017
- **2017-04-04** Action deferred in Senate State and Local Government Committee to 4/5/2017
- **2017-04-04** Rec for pass if am by s/c ref. to Local Government Committee `referral-committee`
- **2017-04-05** Placed on Senate State and Local Government Committee calendar for 4/11/2017
- **2017-04-05** Action deferred in Senate State and Local Government Committee to 4/11/2017
- **2017-04-05** Placed on cal. Local Government Committee for 4/11/2017
- **2017-04-11** Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 8, Nays 0 PNV 0
- **2017-04-11** Rec. for pass. if am., ref. to Finance, Ways & Means Committee `committee-passage-favorable`
- **2017-04-12** Placed on s/c cal Finance, Ways & Means Subcommittee for 4/19/2017
- **2017-04-12** Assigned to s/c Finance, Ways & Means Subcommittee `referral-committee`
- **2017-04-18** Placed on Senate Regular Calendar calendar for 4/20/2017
- **2017-04-19** Placed on cal. Finance, Ways & Means Committee for 4/25/2017
- **2017-04-19** Rec. for pass by s/c ref. to Finance, Ways & Means Committee `committee-passage-favorable`
- **2017-04-20** Placed on Senate Regular Calendar calendar for 4/24/2017
- **2017-04-20** Senate Reset on calendar for 4/24/2017
- **2017-04-24** Engrossed; ready for transmission to House
- **2017-04-24** Passed Senate as amended, Ayes 30, Nays 0 `passage`
- **2017-04-24** Senate adopted Amendment (Amendment 1 - SA0393)
- **2017-04-25** Rec. for pass; ref to Calendar & Rules Committee `committee-passage-favorable`
- **2017-04-26** Rcvd. from S., held on H. desk.
- **2017-05-02** Placed on cal. Calendar & Rules Committee for 5/2/2017
- **2017-05-03** H. Placed on Regular Calendar for 5/4/2017
- **2017-05-04** Passed H., Ayes 90, Nays 0, PNV 0 `passage`
- **2017-05-04** Am. withdrawn. (Amendment 1 - HA0337) `amendment-withdrawal`
- **2017-05-04** Subst. for comp. HB.
- **2017-05-04** Comp. SB subst.
- **2017-05-05** Enrolled and ready for signatures
- **2017-05-09** Signed by H. Speaker
- **2017-05-09** Signed by Senate Speaker
- **2017-05-11** Transmitted to Governor for action.
- **2017-05-18** Signed by Governor. `executive-signature`
- **2017-05-23** Pub. Ch. 431
- **2017-05-23** Effective date(s) 05/18/2017
- **2017-05-23** Comp. became Pub. Ch. 431

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/8ba01346-d0e8-4e4c-8f53-ffeff7491cbe`. Confidence: reported (aggregated from official Tennessee legislature records).