Amends TCA Title 4 and Title 50.
Tennessee HB2455 introduces a requirement for employers to certify that they pay employees involved in certain economic development projects at least $21.99 per hour, starting July 1, 2026, with annual adjustments based on the MIT living wage calculator. The bill affects employers seeking economic development incentives and establishes a mechanism for recovering incentives if wage requirements are violated. Key provisions include the wage certification requirement and the stipulation for incentive recovery in cases of non-compliance.
Tennessee HB2455 introduces a requirement for employers to certify that they pay employees involved in certain economic development projects at least $21.99 per hour, starting July 1, 2026, with annual adjustments based on the MIT living wage calculator. The bill affects employers seeking economic development incentives and establishes a mechanism for recovering incentives if wage requirements are violated. Key provisions include the wage certification requirement and the stipulation for incentive recovery in cases of non-compliance.
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Pearson, Justin
114th General Assembly
February 3, 2026
March 4, 2026
Taken off notice for cal in s/c Banking and Consumer Affairs Subcommittee of Commerce Committee