TN HB1413

The City Of Gallatin

Failed House William Slater (R)
Plain English Summary

This bill aimed to allow the city council of Gallatin to charge impact fees on new developments, which are fees intended to cover the costs of infrastructure and services needed due to the growth. The proposal required local approval to take effect. However, the bill ultimately did not pass.

Supporters Say

Supporters of the bill argued that imposing impact fees would help ensure that new developments contribute fairly to the infrastructure and services they rely on, promoting responsible growth in Gallatin. They believed it would provide necessary funding for public services like roads and schools, benefiting the entire community.

Critics Say

Critics of the bill contended that impact fees could discourage new development and place an additional financial burden on builders and homebuyers. They argued that this could lead to higher housing costs and limit economic growth in Gallatin, ultimately harming the local economy.

Conflict of Interest Analysis Personal Interests
8/10
Risk Level
High
Policy Area
Housing and Community Development
Industry Overlap
50%
Personal Conflicts
2 found

The potential conflict of interest in this case is significant due to Representative William Slater's direct involvement in the real estate industry through his business, Sunset Island Properties. The bill HB1413 authorizes the city council to impose impact fees on new development, which directly affects the real estate market in Gallatin. As a member and business owner of Sunset Island Properties, Slater stands to benefit from any changes in real estate development policies, including the imposition of impact fees, which could influence property values and development costs. This alignment between his business interests and the bill's impact on real estate development suggests a high risk of conflict. Additionally, his role as a business owner in the real estate sector means that any legislative changes affecting real estate could have a direct financial impact on his business operations.

Sponsor's Personal Financial Interests

Unlike federal analysis based on campaign donations, state analysis examines legislators' personal financial interests — their jobs, businesses, and investments.

Type Description Industry Source
Occupation Healthcare Executive AI-researched
Employer Vice President of Operations at American Addiction Centers TN Legislature bio
Board Member Board Member of the Tennessee Association of Alcohol, Drug & other Addiction Services TN Legislature bio
Employer STATE OF TN Government TN Ethics Commission
Employer WELCH COLLEGE Education TN Ethics Commission
Employer SUNSET ISLAND PROPERTIES Real Estate TN Ethics Commission
Business Owner SUNSET ISLAND PROPERTIES MEMBER from May 2020 to current Real Estate TN Ethics Commission
Business Owner IMPROVE HENDERSONVILLE PRESIDENT from Aug 2018 to current TN Ethics Commission
Asset INVESCO; RICHLAND AVE FINANCIAL; RETIREREADYTN TN Ethics Commission

Items marked "AI-researched" are generated from public sources but have not been independently verified. Verified data is sourced from official legislature websites and disclosure filings.

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About This Analysis

This summary was generated using AI from the bill's official text and metadata. Data sourced from LegiScan and the Tennessee General Assembly. Conflict analysis examines the sponsor's personal financial interests for potential overlaps with the bill's subject matter.