NASHVILLE, Tenn. (AP) -- Gov. Bill Haslam's proposal to block public access to business records used to make grant decisions has stalled in the Senate.
The measure, carried by Republican Sen. Bo Watson of Hixson, was delayed Monday evening until Thursday after heavy debate.
Haslam has called for the public records changes as part of his plan to offer more cash incentives for companies to invest in Tennessee.
The bill closes off information regarding "business processes, organizational structure and ownership, financial statements, budgets, cash flow reports or similar materials."
Democratic Sen. Roy Herron of Dresden said he doesn't see a compelling reason to hide the ownership of those that are getting taxpayer dollars.
The companion bill is awaiting a vote in the House Commerce Committee.
To comment, the following rules must be followed:
Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Links require admin approval before posting.
Questions may be sent to firstname.lastname@example.org. Please provide detailed information.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.