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Bill > SB0102


TN SB0102

AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 14, Part 2 and Title 4, Chapter 29, relative to the Tennessee technology development corporation.


summary

Introduced
01/09/2025
In Committee
Crossed Over
02/20/2025
Passed
04/28/2025
Dead
Signed/Enacted/Adopted
05/15/2025

Introduced Session

114th General Assembly

Bill Summary

As introduced, extends the Tennessee technology development corporation to June 30, 2031. - Amends TCA Title 4, Chapter 14, Part 2 and Title 4, Chapter 29.

AI Summary

This bill extends the Tennessee Technology Development Corporation (TTDC) by modifying two sections of Tennessee Code. Specifically, the bill removes the TTDC from a list of entities in Section 4-29-246(a) and then adds it back to a different list in Section 4-29-248(a), effectively continuing the corporation's existence until June 30, 2031. The TTDC is likely a state-sponsored organization designed to support technological innovation and economic development in Tennessee. By taking these administrative steps, the bill ensures the continued operation of the corporation without substantive changes to its structure or mission. The bill will take effect immediately upon becoming law, as stated in the final section, which emphasizes that the public welfare requires its prompt implementation.

Committee Categories

Government Affairs

Sponsors (2)

Last Action

Effective date(s) 05/09/2025 (on 05/15/2025)

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