BILL

BL2026-1516

Passed

Nashville's housing development agency (MDHA) currently reports each year on its tax increment finance (TIF) loans, but this ordinance adds two new requirements. First, the annual report must now include what percentage of total tax increment revenue went toward paying off each TIF loan. Second, if MDHA adjusts the share of tax increment revenue used to repay a loan away from the standard 75% cap, it must notify the Metro Council and Finance Director in writing at the time of that change.

Introduced Aug 11, 2026 · Passed Sep 15, 2026 · View on Legistar

Sponsors

Burkley Allen

Primary Sponsor · At-Large

Co-Sponsors (4)

Tasha Ellis

Jennifer Webb

Kyonzte Toombs

Zulfat Suara

Vote History

No individual votes recorded for this legislation.

Timeline

Aug 18, 2026 · Item 44

passed on first reading

Sep 1, 2026 · Item 93

passed on second reading

Sep 15, 2026 · Item 76

passed on third reading as amended

Voice Vote

Watch floor 2 min

Passed

As filed on Legistar

An ordinance amending Chapter 5.06 of the Metropolitan Code of Laws relative to annual reporting for tax increment finance loans.

Attachments

PDFAmendment No. 1 to BL2026-1516

Data sourced from Nashville Metro Council Legistar. Last updated: September 18, 2026

Fund the reporting

Metro Council Watch is a project of The Pamphleteer, Nashville. We are supported by the Pamphleteer Media Network, a 501(c)(3) organization. All donations are tax-deductible. If you would like to donate by mail, contact [email protected] for more information.