Tennessee Code 13-28-209 – Incentives and exemptions for qualified businesses or residents
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Terms Used In Tennessee Code 13-28-209
- Enterprise zone: means an area declared by the board to be eligible for the benefits of this part. See Tennessee Code 13-28-203
- Municipality: means an incorporated city which has adopted home rule or county which has adopted a metropolitan form of government in accordance with the Constitution of Tennessee, art. See Tennessee Code 13-28-203
- State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
The ordinance or resolution to implement this part shall provide for such incentives and exemptions and the manner in which such incentives and exemptions shall be offered for qualified businesses as in the discretion of the municipality are deemed to be desirable and in the best interest of the welfare of the community as a whole. The ordinance or resolution may provide for state participation in providing incentives or exemptions to qualified businesses or qualified zone residents in the enterprise zone.