SB2158 — Taxes, Exemption and Credits - As enacted, authorizes tax credits for privilege and excise taxes equal to 75 percent of the purchase price of brownfield property purchased in a tier 3 or tier 4 enhancement county for the purpose of a qualified development project; makes other revisions regarding tax credits for brownfield properties. - Amends TCA Section 67-4-2009.

SB2158 — Taxes, Exemption and Credits - As enacted, authorizes tax credits for privilege and excise taxes equal to 75 percent of the purchase price of brownfield property purchased in a tier 3 or tier 4 enhancement county for the purpose of a qualified development project; makes other revisions regarding tax credits for brownfield properties. - Amends TCA Section 67-4-2009. · Informed CitizenrySB2158 amends Tennessee Code Annotated Section 67-4-2009 to modify and expand tax credits for brownfield properties. The bill establishes a new tax credit equal to 75% of the purchase price of brow…Open in Informed Citizenry