Economic and Community Development - As introduced, enacts the "Hollyssee Act." - Amends TCA Title 4, Chapter 3 and Title 64.

SB 1179, the "Hollyssee Act," directs Tennessee's Department of Economic and Community Development to create a large-scale arts, entertainment, and media megasite. It requires identifying a location, building facilities like film soundstages, performance venues, art galleries, and VR spaces, and developing workforce training programs with local schools. The bill allocates $250 million for initial development in fiscal year 2025-2026 and offers tax incentives, grants, and public-private partnerships to attract businesses. This directly affects the state department, local communities hosting the site, arts/entertainment businesses, and workers through new training and job opportunities.