Tennessee 2023-2024 Regular Session

Tennessee Senate Bill SB0271

Introduced
1/19/23  
Engrossed
3/6/23  
Passed
3/31/23  

Caption

AN ACT to amend Tennessee Code Annotated, Title 7, Chapter 53, Part 3; Title 9, Chapter 23; Title 67, Chapter 4, Part 20 and Title 68, Chapter 212, Part 2, relative to brownfields.

Impact

The revisions outlined in SB0271 have significant implications for state law concerning brownfield redevelopment. The bill introduces a new framework for economic impact plans associated with brownfield projects, outlining qualifications for costs that can be covered, including public infrastructure and remediation expenses. Additionally, it establishes a 'brownfield redevelopment area fund' that enables the state to provide financial support through grants. Such measures are expected to stimulate investment in areas that have historically suffered due to contamination concerns, thus likely enhancing property values and community wellbeing.

Summary

Senate Bill 271 (SB0271) aims to amend several sections of the Tennessee Code regarding the redevelopment of brownfield sites. The bill emphasizes the importance of revitalizing contaminated or underutilized properties, known as brownfields, in order to promote economic development and community improvement. By establishing guidelines and financial mechanisms for redevelopment projects, the bill seeks to incentivize municipalities to engage in redevelopment efforts, which may alleviate environmental hazards and boost local economies. This legislative initiative reflects the state's commitment to environmentally sound development practices.

Sentiment

The sentiment surrounding SB0271 appears to be largely positive among lawmakers, with indications of strong bipartisan support as evidenced by the unanimous vote in favor during its passage. Proponents assert that the bill is a proactive step toward rejuvenating economically distressed areas and fostering sustainable growth, while enhancing public health and safety. However, there may be underlying concerns regarding the effectiveness of the proposed funding mechanisms and whether they will adequately address the complex nature of brownfield redevelopment.

Contention

While SB0271 enjoys strong legislative support, discussions may still arise regarding the sufficiency of funding and the bureaucratic processes involved in the proposed redevelopment grant program. There could be worries about how equitably funds are distributed among municipalities and whether smaller towns might struggle to access resources compared to larger urban centers. Moreover, critics of brownfield redevelopment initiatives generally emphasize the potential for insufficient oversight during remediation processes, which could lead to health risks if not managed properly.

Companion Bills

TN HB0319

Crossfiled AN ACT to amend Tennessee Code Annotated, Title 7, Chapter 53, Part 3; Title 9, Chapter 23; Title 67, Chapter 4, Part 20 and Title 68, Chapter 212, Part 2, relative to brownfields.

Previously Filed As

TN HB0319

AN ACT to amend Tennessee Code Annotated, Title 7, Chapter 53, Part 3; Title 9, Chapter 23; Title 67, Chapter 4, Part 20 and Title 68, Chapter 212, Part 2, relative to brownfields.

TN SB1271

AN ACT to amend Tennessee Code Annotated, Title 7, Chapter 53; Title 9, Chapter 21 and Title 9, Chapter 23, relative to economic development.

TN HB1306

AN ACT to amend Tennessee Code Annotated, Title 7, Chapter 53; Title 9, Chapter 21 and Title 9, Chapter 23, relative to economic development.

TN SB0378

AN ACT to amend Tennessee Code Annotated, Title 33; Title 38; Title 39, Chapter 15, Part 4; Title 39, Chapter 17; Title 43, Chapter 27; Title 53; Title 67 and Title 68, Chapter 7, relative to cannabis.

TN HB0403

AN ACT to amend Tennessee Code Annotated, Title 33; Title 38; Title 39, Chapter 15, Part 4; Title 39, Chapter 17; Title 43, Chapter 27; Title 53; Title 67 and Title 68, Chapter 7, relative to cannabis.

TN HB2496

AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 3, Part 5; Section 7-53-316 and Title 66, Chapter 9, Part 2, relative to solar power facilities.

TN SB2486

AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 3, Part 5; Section 7-53-316 and Title 66, Chapter 9, Part 2, relative to solar power facilities.

TN HB1308

AN ACT, to amend Tennessee Code Annotated, Title 8, Chapter 50, Part 8; Title 49, Chapter 1, Part 6; Title 49, Chapter 1, Part 9; Title 49, Chapter 10, Part 14; Title 49, Chapter 16, Part 2; Title 49, Chapter 18, Part 1; Title 49, Chapter 2, Part 1; Title 49, Chapter 3, Part 1; Title 49, Chapter 3, Part 3; Title 49, Chapter 6, Part 10; Title 49, Chapter 6, Part 30; Title 49, Chapter 6, Part 31; Title 49, Chapter 6, Part 41; Title 49, Chapter 6, Part 50; Title 49, Chapter 1, Part 2 and Chapter 1005 of the Public Acts of 2024, relative to education.

TN SB1272

AN ACT, to amend Tennessee Code Annotated, Title 8, Chapter 50, Part 8; Title 49, Chapter 1, Part 6; Title 49, Chapter 1, Part 9; Title 49, Chapter 10, Part 14; Title 49, Chapter 16, Part 2; Title 49, Chapter 18, Part 1; Title 49, Chapter 2, Part 1; Title 49, Chapter 3, Part 1; Title 49, Chapter 3, Part 3; Title 49, Chapter 6, Part 10; Title 49, Chapter 6, Part 30; Title 49, Chapter 6, Part 31; Title 49, Chapter 6, Part 41; Title 49, Chapter 6, Part 50; Title 49, Chapter 1, Part 2 and Chapter 1005 of the Public Acts of 2024, relative to education.

TN HB1229

AN ACT to amend Tennessee Code Annotated, Title 5; Title 6; Title 7; Title 13, Chapter 23; Title 48, Chapter 101, Part 9; Title 67, Chapter 5 and Section 67-4-409, relative to real property.

Similar Bills

TN HB0319

AN ACT to amend Tennessee Code Annotated, Title 7, Chapter 53, Part 3; Title 9, Chapter 23; Title 67, Chapter 4, Part 20 and Title 68, Chapter 212, Part 2, relative to brownfields.

TN SB1271

AN ACT to amend Tennessee Code Annotated, Title 7, Chapter 53; Title 9, Chapter 21 and Title 9, Chapter 23, relative to economic development.

TN HB1306

AN ACT to amend Tennessee Code Annotated, Title 7, Chapter 53; Title 9, Chapter 21 and Title 9, Chapter 23, relative to economic development.

TN SB1984

AN ACT to amend Tennessee Code Annotated, Title 29, Chapter 17, Part 1, relative to eminent domain.

TN HB2120

AN ACT to amend Tennessee Code Annotated, Title 29, Chapter 17, Part 1, relative to eminent domain.

MI SB0129

Economic development: brownfield redevelopment authority; certain housing activities; allow, and modify tax capture revenues. Amends title & secs. 2, 8, 8a, 11, 13, 13b, 13c, 14, 14a, 15 & 16 of 1996 PA 381 (MCL 125.2652 et seq.).

MI SB0289

Economic development: brownfield redevelopment authority; tax capture revenues; modify. Amends secs. 2, 8a, 11, 13, 13b, 13c, 14a, 15 & 16 of 1996 PA 381 (MCL 125.2652 et seq.).

MI HB6216

Economic development: brownfield redevelopment authority; definitions of housing property and tax capture revenues and cap on total tax capture revenues; clarify definitions and modify cap. Amends secs. 2, 14a & 16 of 1996 of 381 (MCL 125.2652 et seq.).