reglab/housing_qa huggingface dataset:
TN Code § 4-26-106 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 26 - Business Enterprise Office|§ 4-26-106. Disadvantaged Business Loan Guarantee Program

   The general assembly finds that conventional funding sources for emerging and expanding disadvantaged businesses are limited or nonexistent.   The general assembly further finds that promoting and encouraging economic opportunity and development within the state's minority community is a worthy public purpose.   Such economic opportunity and development serve the health, safety and welfare of all citizens through creation of long-term employment opportunities, reduction of unemployment, diminished demand for costly social services and increased revenue collections.      There is created within the state treasury a restricted account not to exceed fifty thousand dollars ($50,000) to be known as the “disadvantaged business loan guarantee account.”   Amounts in the account at the end of any fiscal year shall not revert to the general fund but shall remain available to the department for the purposes set forth in this section.   Amounts in the account shall be invested for the benefit of the account by the state treasurer pursuant to § 9-4-603. The account shall be administered by the commissioner.      There is created within the department the disadvantaged business loan guarantee program.   The purpose of the loan guarantee program is to ensure the availability of conventional financial resources to emerging and expanding disadvantaged businesses by guaranteeing loans for disadvantaged businesses.   To qualify for a loan guarantee, a disadvantaged business must demonstrate to the satisfaction of the commissioner that the loan will be fully repaid and will produce economic benefit for the community and state.   The department is authorized to determine the total dollar amount of loans to be guaranteed, subject to a maximum of five (5) times the balance of appropriated funds within the loan guarantee account, plus income, less expenses associated with the program.   The department is authorized to charge a premium to the borrower to help defray the cost of administering the program.   The department may establish other terms and conditions for guarantees of loans.   The total aggregate amount of the loan guarantee may not exceed eighty percent (80%) of any loan.   All documentation evidencing a loan guarantee shall clearly state that such guarantee is an obligation of the disadvantaged business loan guarantee account and not of the general fund or the state of Tennessee, and that any amounts required to be paid pursuant to the loan guarantee are subject to the availability of sufficient funds within the guarantee account.     The commissioner shall annually submit to the governor and the speakers of the senate and house of representatives, within ninety (90) days after the end of the fiscal year, a complete and detailed report setting forth the operations, transactions and accomplishments of the disadvantaged business loan guarantee fund.
TN Code § 4-26-107 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 26 - Business Enterprise Office|§ 4-26-107. Guidelines and Reports to the Government Operations Committees of the Senate and House of Representatives

 The office of business enterprise shall provide guidelines to address any impediments by other state agencies to the conduct of the office of business enterprise to the members of the government operations committees of the senate and the house of representatives. The office of business enterprise shall also provide periodic reports to the government operations committees of the senate and house of representatives relative to the audit findings of the office of the comptroller.
TN Code § 4-27-101 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 27 - Employee Suggestion Award and Incentive Plans|§ 4-27-101. Establishment

  There is established an employee suggestion award program for employees and retired employees of state government.   Under this program, cash or honorary awards may be made to state employees and retired state employees whose adopted suggestions will result in substantial savings or improvement in state operations.
TN Code § 4-27-102 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 27 - Employee Suggestion Award and Incentive Plans|§ 4-27-102. Board — Establishment — Composition

 There is hereby established an employee suggestion award board, which shall be composed of the commissioner of finance and administration, the commissioner of human resources, the commissioner of general services, the executive director of fiscal review committee, and one (1) member appointed by the Tennessee State Employees Association.
TN Code § 4-27-103 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 27 - Employee Suggestion Award and Incentive Plans|§ 4-27-103. Duties of Board

 It is the duty of the board to:   Adopt rules governing its proceedings;   Elect a chair and secretary;   Keep permanent and accurate records of its proceedings;   Establish criteria for making awards;   Adopt rules and regulations to carry out this chapter;   Approve each award made; and   Meet at least quarterly to evaluate suggestions made by employees.
TN Code § 4-27-104 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 27 - Employee Suggestion Award and Incentive Plans|§ 4-27-104. Ineligible Employees

 In establishing criteria for making awards, the board may exclude certain levels of positions from participation in the program, but in no event shall the following levels of management be eligible to receive cash awards under the program:   LEVEL I: Governor's staff, department commissioner or equivalent;   LEVEL II: Assistant or deputy commissioner, assistant to commissioner, major fiscal and administrative policy departmental staff or equivalent;   LEVEL III: Director or division chief, including the full line division chief to a statewide program; includes chief of division supervising several line service units or equivalent;   LEVEL IV: Assistant to director or division chief, section chief or head of major departmental function or equivalent.
TN Code § 4-27-105 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 27 - Employee Suggestion Award and Incentive Plans|§ 4-27-105. Cash Awards — Maximum

   The cash award shall be:  Equal to fifteen percent (15%) of the annual savings realized in a fiscal year, with a maximum award of one hundred thousand dollars ($100,000);   Paid within ninety (90) days of the end of each fiscal year in which the savings have been realized; and   Limited to the first fiscal year following the fiscal year in which the suggestion was made.     If the cash award is over fifty thousand dollars ($50,000) the award must be spread over three (3) years following the fiscal year in which the suggestion was made in equal amounts; however, if the employee who is entitled to the award leaves state service the employee forfeits the remaining award appropriation item or items of the state agency to which actual savings apply.      The board shall promulgate rules to develop criteria for making awards pursuant to this section, including, but not limited to, the development and implementation of an electronic mail notification to transmit to all state government employees information on the employee suggestion award program. The electronic mail notification shall be made annually by the board and shall include, but not be limited to, the provisions of this section.   In promulgating rules, the board shall consider the following factors:  Severity of the present problem;   Effectiveness of the suggestion offered;   The need to encourage improvement in state operations; and   Ingenuity of the suggestion.
TN Code § 4-28-101 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 28 - Tennessee Small Business Investment Company Credit Act|§ 4-28-101. Short Title

 This chapter shall be known and may be cited as the “Tennessee Small Business Investment Company Credit Act.”
TN Code § 4-28-103 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 28 - Tennessee Small Business Investment Company Credit Act|§ 4-28-103. Participating Investor’s Investment Tax Credit — Limits — Payment of Retaliatory Tax Not Required — Credits Against Other Taxes

  A participating investor shall earn an investment tax credit against its state premium tax liability equal to one hundred percent (100%) of the investment tax credit allocated to the participating investor under § 4-28-105. The participating investor's investment tax credit shall be earned and vested upon making its investment in the qualified TNInvestco. Beginning January 1, 2012, a participating investor may claim the investment tax credit as follows:  In tax years 2012, 2013, 2014, and 2015, an amount equal to fifteen percent (15%) of the investment tax credit allocated to the participating investor; and   In tax years 2016, 2017, 2018 and 2019, an amount equal to ten percent (10%) of the investment tax credit allocated to the participating investor.     No participating investor's investment tax credit for any taxable year shall exceed the participating investor's state premium tax liability for such year. If the amount of the investment tax credit determined under this section for any taxable year exceeds the state premium tax liability, then the excess shall be an investment tax credit carryover to future taxable years until tax year 2037. Investment tax credits may be used in connection with both final payments and prepayments of a participating investor's state premium tax liability. Investment tax credits may be sold or otherwise transferred by a participating investor to another entity, which can likewise resell or transfer the tax credits; provided, that the department of revenue receives written notification within thirty (30) days of any sale or transfer.   A participating investor claiming an investment tax credit under this section is not required to pay any additional retaliatory tax levied as a result of claiming the investment tax credit.   A participating investor is not required to reduce the amount of tax pursuant to the state premium tax liability included by the participating investor in connection with ratemaking for any insurance contract written in this state because of a reduction in the participating investor's tax liability based on the investment tax credit allowed under this section.   If the taxes paid by a participating investor with respect to its state premium tax liability constitute a credit against any other tax that is imposed by this state, the participating investor's credit against the other tax shall not be reduced by virtue of the reduction in the participating investor's tax liability based on the investment tax credit allowed under this section.
TN Code § 4-28-107 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 28 - Tennessee Small Business Investment Company Credit Act|§ 4-28-107. Restrictions on Insurance Companies and Their Affiliates

 An insurance company or affiliate of an insurance company shall not, directly or indirectly:   Beneficially own, whether through rights, options, convertible interest or otherwise, fifteen percent (15%) or more of the voting securities or other voting ownership interest of a TNInvestco;   Manage a TNInvestco, other than exercising remedies for default; or   Control the direction of investments for a TNInvestco.
TN Code § 4-28-108 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 28 - Tennessee Small Business Investment Company Credit Act|§ 4-28-108. Distributions From Qualified Tninvestco

  Qualified distributions from a qualified TNInvestco may be made at any time.   Distributions other than qualified distributions from a qualified TNInvestco may be paid out annually or upon designated liquidity events as established by the qualified TNInvestco. Any such distributions other than qualified distributions may not reduce the base investment amount during any calendar year.   The profit share percentage shall be paid to the state in the same time and manner as all other distributions as provided in § 4-28-109. Any such payments shall be deposited into the general fund or the rural opportunity fund and the small and minority-owned business assistance program fund as provided in § 4-28-109.   Investment capital liquidated during a liquidity event will be given a one-year redeployment period for purposes of calculating the investment thresholds in § 4-28-106.   The department of economic and community development shall ensure, pursuant to the authority provided in this chapter, that a qualified TNInvestco provides adequate documentary support for all proceeds and distributions related to liquidity events and the department shall use best efforts to confirm that all information provided to the department by the TNInvestco is accurate so the department may ensure that all parties involved receive the proper designated share. Information provided to the department pursuant to this section shall be kept confidential due to the proprietary nature of such information.
TN Code § 4-28-109 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 28 - Tennessee Small Business Investment Company Credit Act|§ 4-28-109. Payment of Profit Share Percentage — Transfers From the General Fund to the Tennessee Rural Opportunity Fund and the Small and Minority Owned Business Assistance Program Fund — Distribution of Investment Returns — Minimizing Any Related Federal Tax Obligation

    At any time that the TNInvestco makes distributions, other than qualified distributions or distributions representing repayments of capital contributions, to its equity investors, the qualified TNInvestco shall pay to the state the profit share percentage. Any such payments shall be deposited into the general fund until such time as the department of finance and administration certifies that the total amount of payments deposited in the general fund equals the total amount of revenue forgone pursuant to the credits used as provided in § 4-28-103. Any payments made in excess of the amount of revenue forgone shall be deposited into the Tennessee rural opportunity fund and the small and minority-owned business assistance program fund to further support the state's economic development efforts.   The department shall obtain all necessary information from each TNInvestco to support the state's profit share percentage. Information provided to the department pursuant to this section shall be kept confidential due to the proprietary nature of such information.     After the department of finance and administration has provided its certification pursuant to subdivision (a)(1), any additional state revenue generated and deposited into the general fund as a result of this chapter through sales and use taxes, franchise and excise taxes, business taxes or any other source of revenue shall be identified by the department of revenue. The amount of this additional revenue shall be certified by the department of revenue on an annual basis and an amount equivalent to the certified amount shall be transferred from the general fund and seventy-five percent (75%) of such amount shall be transferred to the Tennessee rural opportunity fund and twenty-five percent (25%) of such amount shall be transferred to the small and minority-owned business assistance program fund.     Following the seventh anniversary of the fund, investment returns (profits and the portion of the base investment amount) may be distributed as liquidity permits; provided, that no more than twenty-five percent (25%) of the TNInvestco's base amount may be distributed in any one (1) year until the end of the investment period, at which time all of the fund's proceeds may be distributed as liquidity permits.   The TNInvestco and the state shall structure the qualified distributions and final payments in a manner that minimizes any related federal tax obligation. To the extent that the profit share distribution to qualified TNInvestco investors is less than the state's share, pursuant to the profit share percentage, due to federal income tax liabilities, the final payments may be adjusted to equalize the post-tax profit share payments made during the investment period.
TN Code § 4-28-111 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 28 - Tennessee Small Business Investment Company Credit Act|§ 4-28-111. Annual Review — Summary of Findings — Curing Noncompliance

  The department shall conduct an annual review of each qualified TNInvestco to determine if the qualified TNInvestco is abiding by the requirements of the program and to ensure that no investments have been made in violation of this chapter. This review shall include the use of the scorecard data received from each qualified TNInvestco as provided in § 4-28-113. The department shall also compare this scorecard data to the qualified TNInvestco's original application to examine the investment strategy for accuracy and consistency and to ensure that statutory requirements and the department's policies are met each year. Information provided to the department pursuant to this section shall be kept confidential due to the proprietary nature of such information. The cost of the annual review shall be paid by each qualified TNInvestco according to a reasonable fee schedule adopted by the department.   The department shall provide the qualified TNInvestco a summary of findings including any areas of noncompliance. Failure to cure the areas of noncompliance within forty-five (45) days from the date of the notice of noncompliance shall result in a penalty of ten thousand dollars ($10,000) per day until the noncompliance is cured. The proceeds from a penalty assessed pursuant to this subsection (b) shall be deposited into the Tennessee rural opportunity fund, to further the state's economic development efforts. Funds related to the investment tax credit shall not be used to pay the penalty imposed under this section.   The department of economic and community development shall provide the comptroller of the treasury and the state treasurer, upon request, a copy of any written findings made in connection with the annual review required under subsection (a) and a copy of the summary of findings provided to the qualified TNInvestco pursuant to subsection (b).   The department of economic and community development may promulgate rules to ensure compliance with the requirements listed in this chapter and the policies and procedures set forth by the department. Rules promulgated by the department may assess a penalty of up to ten thousand dollars ($10,000) per incidence for failure to comply with the requirements. The proceeds from any such penalty shall be deposited into the Tennessee rural opportunity fund to further the state's economic development efforts. Funds related to the investment tax credit shall not be used to pay the penalty imposed by the rules. Any penalty assessed may be netted against the annual management fee.
TN Code § 4-28-112 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 28 - Tennessee Small Business Investment Company Credit Act|§ 4-28-112. Annual Report

  The department of economic and community development shall make an annual report to the governor, the comptroller of the treasury, the state treasurer, and the chairs and ranking minority members of the committees having jurisdiction over taxes and economic development. The report must include:  The number of qualified TNInvestcos holding designated capital;   The amount of designated capital invested in each qualified TNInvestco;   The cumulative amount that each qualified TNInvestco has invested as of January 1, 2011, and the cumulative total each year thereafter;   The cumulative amount of follow-on capital that the investments of each qualified TNInvestco have created in terms of capital invested in qualified businesses at the same time or subsequent to investments made by a qualified TNInvestco in such businesses by sources other than qualified TNInvestcos;   The total amount of investment tax credits applied under this chapter for each year;   The performance of each qualified TNInvestco with regard to the requirements for continued certification;   The classification of the companies in which each qualified TNInvestco has invested according to industrial sector and size of company;   The gross number of jobs created by investments made by each qualified TNInvestco and the number of jobs retained;   The location of the companies in which each qualified TNInvestco has invested;   Those qualified TNInvestcos that have been decertified, including the reasons for decertification; and   Other related information as necessary to evaluate the effect of this chapter on economic development.     To promote openness and transparency, a copy of each annual report made by the department of economic and community development pursuant to this section shall be posted on the Tennessee TNInvestco website that is maintained by the department of economic and community development.   The department of economic and community development shall submit the annual report to the designees as specified in subsection (a) no later than the first Tuesday in September of the year following the year of the annual review of the TNInvestcos. If the report cannot be submitted by the first Tuesday in September deadline, the commissioner must notify the designees as specified in subsection (a) no later than thirty (30) days prior to the due date that the report will be late, the reasons why the report cannot be submitted in a timely manner, and an estimated submittal date.
TN Code § 4-28-114 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 28 - Tennessee Small Business Investment Company Credit Act|§ 4-28-114. Maintenance of Website

  Any qualified TNInvestco that has received an allocation of investment tax credits pursuant to this chapter shall be required to maintain a website that provides information to the general public about the biographical and professional background of each member of the executive management team of the TNInvestco and of each member of the board or other governing body of the TNInvestco. The qualified TNInvestco shall also provide information to the general public on its website concerning the availability of capital pursuant to the program established by this chapter.   The department of economic and community development shall maintain at least one (1) web page that provides information to the general public about the TNInvestco program, including internet links to the websites of each qualified TNInvestco. Each qualified TNInvestco shall maintain an internet link on its website to the TNInvestco program web page of the department of economic and community development.
TN Code § 4-28-115 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 28 - Tennessee Small Business Investment Company Credit Act|§ 4-28-115. Liquidation of Remaining State Ownership Interests — Method — Approval by Treasurer

 Beginning on December 31, 2021, the department shall liquidate any remaining ownership interests owned by the state. Methods to liquidate remaining ownership interests include the sale of interests to a third party. The sale of any ownership interests shall be approved by the treasurer.
TN Code § 4-30-101 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 30 - Local Government Electronic Technology Act of 2009|§ 4-30-101. Purpose — Short Title

 In order to encourage local governments in Tennessee to utilize current electronic technology to perform the business functions of their offices, to ensure the best possible stewardship of public funds and to maintain adequate internal controls, there is created the “Local Government Electronic Technology Act of 2009.”
TN Code § 4-30-102 (2021)
2021 Tennessee Code|Title 4 - State Government|Chapter 30 - Local Government Electronic Technology Act of 2009|§ 4-30-102. Chapter Definitions

 As used in this chapter, “local government” means any county, metropolitan government, municipality or other political subdivision of this state.