Amended Bill Blocking Incentives for ‘Countries of Concern’ Heads to Tennessee Senate

Ed Jackson

A Tennessee bill banning incentives for companies from countries of concern advanced in Senate committee after another costly part of the bill was removed.

Senate Bill 2426 previously banned tax credits for companies already receiving credits that are from China, Russia, Iran, North Korea, Cuba, Venezuela or Syria, along with adding tax credits for research and development from energy and tech companies.

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