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Bill > HB2718


TN HB2718

TN HB2718
AN ACT to amend Tennessee Code Annotated, Title 9, to clarify the appropriation of funds to certain debt issuers for debt service payments. This act makes appropriations for debt service obligations for an indefinite period of time.


summary

Introduced
01/31/2024
In Committee
02/05/2024
Crossed Over
Passed
Dead
04/25/2024

Introduced Session

113th General Assembly

Bill Summary

As introduced, authorizes direct and continuing appropriations by airport authorities for the issuance of debt that is not a liability of the state and the payment of debt service thereon. - Amends TCA Title 9.

AI Summary

This bill authorizes direct and continuing appropriations by airport authorities for the issuance of debt that is not a liability of the state and the payment of debt service thereon. Specifically, it amends Tennessee Code Annotated, Title 9, to clarify the appropriation of funds to certain debt issuers, such as airport authorities, for debt service payments. The bill makes these appropriations for debt service obligations for an indefinite period of time and takes effect on July 1, 2024.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Assigned to s/c Finance, Ways, and Means Subcommittee (on 02/07/2024)

Bill Topics

Macroeconomics
  • ‐ National Budget and Debt
Transportation
  • ‐ Airports, Air Traffic Control, and Airline Safety

bill text


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