Lawmakers create fund to help concert venues

• Advocates hope the fund will eventually be able to provide grants to venues and artists.

State of play: The measure already passed the Senate and will become law with Gov. Bill Lee's signature, which is expected.

• Once that happens, stakeholders will look to identify a revenue source to bankroll the new fund.

What he's saying: "A fund like this will be a difference maker to ensure that independent venues across Tennessee not only survive, but thrive," Music Venue Alliance Nashville president Chris Cobb said in a statement.