Bill > SB0078

This bill extends the legal authorization for the Megasite Authority of West Tennessee by making technical amendments to existing state law. Specifically, the bill removes a previous reference to the Megasite Authority from one section of Tennessee Code (Section 4-29-246(a)) and then adds a new reference to the Megasite Authority in another section of the code (Section 4-29-250(a)). A megasite is typically a large parcel of land specifically designated and prepared for significant economic development projects, such as major manufacturing facilities or industrial complexes. In this case, the bill effectively renews or reaffirms the legal standing of the Megasite Authority of West Tennessee, extending its operational authority until June 30, 2029, as noted in the government-provided summary. The bill takes effect immediately upon becoming law, which is standard procedure for legislation deemed to serve the public welfare.

Government Affairs

https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB0078&ga=114