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Committee advances bill extending Nashville TDZ to 2043 and creating joint tourism board
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Summary
HB 2085 would extend Nashville's Tourism Development Zone to 2043, create a joint capital tourism board with state and Metro appointees to allocate excess TDZ funds for projects including the Music City Center expansion, public safety, East Bank infrastructure and the Oracle site; the committee advanced the bill after comptroller testimony.
Chairman Boyd, sponsor of House Bill 2085, described the bill as a continuation and expansion of the long-running Nashville Tourism Development Zone (TDZ), which originally financed the Music City Center. Boyd said the measure would extend the TDZ through 2043, create a joint capital tourism board appointed by the speaker, lieutenant governor, governor and metro officials, and authorize excess TDZ revenue to support a range of projects including an expansion of the Music City Center, attraction and promotion costs, a new mega-events fund, public safety and cleanliness in the TDZ, and infrastructure work on the East Bank and the Oracle site.
Representative Clemens asked why the mayor of Nashville would not serve as chair of the new joint board; Boyd said the board structure was negotiated with Metro and a governor-appointed chair was part of that agreement. Representative Clemens also questioned why the board would be attached to the office of the comptroller; Comptroller Jason Mumpower, who was invited to testify, said the comptroller's office already staffs and advises similar finance-oriented state boards and is well positioned to provide fiscal oversight without additional state funding.
Mumpower told lawmakers the TDZ has been "extremely successful" and said they would furnish precise revenue numbers on follow-up; he explained that approximately 70% of TDZ-generated money is state funds and 30% is Metro funds, which informed the board composition. Committee members raised local-control concerns about appointment and chairing authority; supporters said Metro officials were at the table when the board structure was negotiated.
The committee voted to advance HB 2085 by recorded vote: 14 ayes, 0 nays. The bill moves to the finance/ways and means committee.

