Amends TCA Title 4; Title 9; Title 50 and Title 67.

Tennessee SB1009 establishes a Small Business Recovery Grant Fund within the state treasury, administered by the Department of Economic and Community Development, to assist eligible small businesses with costs incurred due to extenuating circumstances, excluding those related to declared emergencies or the COVID-19 pandemic. The bill defines eligible small businesses as independent, for-profit entities with specific ownership and operational criteria, and outlines that grants can only be awarded through nonprofit organizations, local governments, or economic development organizations. Key provisions include eligibility criteria for businesses, types of covered costs, and the requirement for an annual report on fund expenditures.