Amends TCA Title 4 and Title 50.
Tennessee SB2505 establishes 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. This bill affects employers seeking economic development incentives in Tennessee. Key provisions include the ability to recover incentives from employers who fail to meet the specified wage requirements.
Tennessee SB2505 establishes 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. This bill affects employers seeking economic development incentives in Tennessee. Key provisions include the ability to recover incentives from employers who fail to meet the specified wage requirements.
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Oliver, Charlane
114th General Assembly
February 2, 2026
March 3, 2026
Assigned to General Subcommittee of Senate Commerce and Labor Committee