New Tennessee Brownfield Legislation May Open Opportunities
By EsqSocial Corporation 27/03/23
Tennessee’s new Brownfield legislation proposed by Governor Bill Lee provides significant incentives for acquisition of contaminated property. The legislation envisions three new areas of concentration for brownfield redevelopment: The amendments to Tenn. Code Ann. § 7-3-312 and 316 include changes to eligibility for the tax increment financing (TIF) funding and additional qualified costs....
By: Burr & Forman