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VOL. 127 | NO. 84 | Monday, April 30, 2012

Haslam Cash Grants Plan Passes Senate 29-1

AP

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NASHVILLE (AP) – Gov. Bill Haslam's plan to increase the amount of cash grants available to companies looking to invest in Tennessee has passed the Senate.

The measure carried by Senate Majority Leader Mark Norris of Collierville was approved 29-1 on Thursday. The companion bill passed the House 96-0 last month.

The legislation would allow the state to provide Fast Track grants for retrofitting, relocation, office upgrades or temporary space for companies investing in Tennessee.

The current Fast Track program is limited to jobs training and infrastructure improvements. The state has appropriated $217 million to the program over the last three budget years and Haslam has proposed pouring another $80 million for the current and upcoming budget year.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 67 67 10,289
MORTGAGES 107 107 13,434
FORECLOSURE NOTICES 24 24 2,668
BUILDING PERMITS 393 393 24,700
BANKRUPTCIES 60 60 9,952
BUSINESS LICENSES 16 16 3,752
UTILITY CONNECTIONS 149 149 14,706
MARRIAGE LICENSES 31 31 3,198

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