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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 This material may not be published, broadcast, rewritten or redistributed.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 60 120 8,936
MORTGAGES 89 177 12,029
FORECLOSURE NOTICES 0 29 2,457
BUILDING PERMITS 0 188 20,029
BANKRUPTCIES 60 122 7,748
BUSINESS LICENSES 20 36 3,260
UTILITY CONNECTIONS 106 224 11,247
MARRIAGE LICENSES 27 73 2,741

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