Local TREND. TN City Requires more Economic Development Disclosures.

Nashville City Council by voice vote passed an ordinance dubbed “Do Better” to require corporations to dislcose more information in economic development deals.

Corporations will now have to disclose the following in economic devleopment deal making:

  • how many county residents they plan to hire
  • anticipated wages
  • 7 years of health and safety violations
  • any wage-related lawsuits against the company or contractors

The Tennesseean | Nashville council passes new transparency rules for future city incentives