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HB 2455·TN·house

Economic and Community Development - As introduced, creates a condition of eligibility for certain economic development incentives that employers certify that they pay employees working on the development project for which the incentive was granted at least $21.99 an hour beginning July 1, 2026, with annual adjustments thereafter by the commissioner of economic and community development based on the MIT living wage calculator; allows for recovering from employers found to be in violation of s...

In CommitteeFiled Feb 3, 2026
Sponsor: Pearson
Latest Action

Taken off notice for cal in s/c Banking and Consumer Affairs Subcommittee of Commerce Committee

Mar 4, 2026

Summary

The bill makes a living‑wage requirement a condition for receiving fast‑track job‑training, economic‑development, or capital grants. Employers must certify that workers on the funded project earn at least $21.99 an hour starting July 1 2026, with the rate adjusted annually using the MIT living‑wage calculator. The Department can reclaim the grant if the employer fails to meet the wage standard.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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