§ 4-41-101. Short Title. [Effective Until July 1, 2024.]
This chapter shall be known and may be cited as the “Go Build Tennessee Act.”
§ 4-41-102. Chapter Definitions. [Effective Until July 1, 2024.]
As used in this chapter: “Board” means the state board for licensing contractors, created by § 62-6-104; and “Corporation” means a nonprofit corporation, which shall be properly incorporated under the laws of this state and approved by the United States internal revenue service as an organization that is exempt from federal income tax under Section […]
§ 4-41-103. Creation of Go Build Tennessee Program — Administration by Corporation — Composition of Corporation. [Effective Until July 1, 2024.]
There is created the Go Build Tennessee Program, referred to in this chapter as “the program.” The program shall be implemented and administered by a corporation, whose duties shall include, but not be limited to, securing funding to promote and foster the development of a comprehensive statewide program designed to attract and increase career opportunities […]
§ 4-41-104. Authority to Enter Contractual and Promotional Agreements — Permitted Expenditures. [Effective Until July 1, 2024.]
The corporation may enter into contractual and promotional agreements necessary to effectively stimulate the program for the purposes of educating persons regarding the construction industry and recruiting persons for careers in the industry. The corporation’s expenditures may include, but are not limited to, the following: Print, digital, and radio and television advertising; Promotional materials; Media […]
§ 4-41-105. Go Build Account Created. [Effective Until July 1, 2024.]
To fund the program, there is created within the state board for licensing contractors a Go Build Account, referred to in this chapter as “the account.” Amounts remaining in the account at the end of each fiscal year shall not revert to the general fund. Money in the account shall be invested by the state […]
§ 4-41-106. Duties and Powers of Corporation. [Effective Until July 1, 2024.]
The corporation shall implement the program to promote and encourage the recruitment of potential construction workers, and to encourage the development of training programs and create opportunities for new, skilled construction workers in this state. The corporation may cooperate with state and local governments, private organizations, and citizens, as it plans and engages in activities […]
§ 4-41-107. Transfer of Revenue From Account to Corporation. [Effective Until July 1, 2024.]
Beginning in the first full quarter of fiscal year 2015-2016 and in the first quarter of every subsequent fiscal year, the board shall transfer revenue from the account to the corporation to be allocated in the manner set forth in § 4-41-105(b).
§ 4-41-109. Reporting Requirements. [Effective Until July 1, 2024.]
The corporation shall submit quarterly reports to include acceptable fiscal accounting practices and performance accountability metrics to the commissioner of labor and workforce development. The commissioner shall have oversight authority over the corporation’s performance accountability and shall determine and establish required accountability metrics. The corporation shall submit an annual report to the governor, the speaker […]
§ 4-41-110. Annual Audit. [Effective Until July 1, 2024.]
An independent audit of the program shall be performed annually by a certified, independent public accountant who shall be paid from fees collected by the corporation. The independent audit shall be submitted to the comptroller of the treasury.
§ 4-41-111. Repealer. [Effective Until July 1, 2024.]
This chapter is hereby repealed on July 1, 2024.