| Tennessee House Bill 3094 (2010). |
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Tennessee House Bill 3094 (2010).
TN; Legislative Updates; H.B. 3094, 107th Gen. Assem., Reg. Sess. (Tenn. 2010).
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Abstract:
This bill enacts the "Food Desert Relief Act." This bill authorizes the Tennessee local development authority to issue revenue bonds and to make the proceeds available for loans to develop property food desert relief enterprises that private industry alone would be otherwise unable to serve, at interest rates lower than would otherwise be obtainable. "Food desert relief enterprise" means a supermarket or grocery retailer that operates on a self-service basis, having at least 50 percent of revenue derived from the sale of groceries, produce, meat, baked goods or dairy products, or a farmers market, in an underserved area. Companion Bill: SB 2976.
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