Tennessee · 114th Regular Session (2025-2026) · Bill

HB 725: Economic and Community Development - As introduced, increases, from 30 to 45, the number of days within the end of a fiscal year, for which a municipality is requesting an allocation of sales and use taxes revenues, that a municipality may submit a summary of the cost of an economic development project through to the end of that fiscal year, with supporting documentation certified by the chief financial officer of the municipality. - Amends TCA Title 7, Chapter 40.

In committee Last action April 16, 2026: Placed on cal. Finance, Ways, and Means Committee for 4/20/2026

Plain-language summary

HB 725 is a bill introduced in the Tennessee House on February 3, 2025. According to its official title, it concerns: Economic and Community Development - As introduced, increases, from 30 to 45, the number of days within the end of a fiscal year, for which a municipality is requesting an allocation of sales and use taxes revenues, that a municipality may submit a summary of the cost of an economic development project through to the end of that fiscal year, with supporting documentation certified by the chief financial officer of the municipality. - Amends TCA Title 7, Chapter 40. Primary sponsor: Esther Helton-Haynes (Republican). Most recent recorded action (April 16, 2026): Placed on cal. Finance, Ways, and Means Committee for 4/20/2026.

Sponsors

Primary sponsor: Esther Helton-Haynes (Republican).