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Bill > HB0125
TN HB0125
TN HB0125AN ACT to amend Tennessee Code Annotated, Section 67-4-409, relative to the local parks land acquisition fund.
summary
Introduced
01/13/2025
01/13/2025
In Committee
03/18/2025
03/18/2025
Crossed Over
03/25/2025
03/25/2025
Passed
04/15/2025
04/15/2025
Dead
Signed/Enacted/Adopted
05/08/2025
05/08/2025
Introduced Session
114th General Assembly
Bill Summary
As enacted, requires a county or municipal government that receives a grant from the local parks land acquisition fund for a project located within a county designated as distressed or at-risk by the Appalachian Regional Commission at the time of the grant application to match the grant with an amount of money equal to 25 percent of the project, instead of requiring a match with an amount of money equal to the grant. - Amends TCA Section 67-4-409.
AI Summary
This bill modifies the matching fund requirements for county and municipal governments receiving grants from the local parks land acquisition fund. Under the current law, governments must match grant amounts dollar-for-dollar. However, this bill creates a special provision for counties designated as "distressed" or "at-risk" by the Appalachian Regional Commission (ARC), reducing their matching requirement from 100% to 25% of the project cost. The Appalachian Regional Commission is a federal-state partnership that promotes economic development in the Appalachian region, and these designations typically indicate areas facing significant economic challenges. By lowering the matching fund threshold, the bill aims to make park land acquisition grants more accessible to economically struggling counties, potentially helping these communities develop or improve local parks with less financial strain. The bill is set to take effect on October 1, 2025, and specifically amends Tennessee Code Annotated, Section 67-4-409.
Committee Categories
Agriculture and Natural Resources, Budget and Finance
Sponsors (7)
William Lamberth (R)*,
Jody Barrett (R),
Mark Cochran (R),
Kirk Haston (R),
David Hawk (R),
Johnny Shaw (D),
Chris Todd (R),
Last Action
Effective date(s) 10/01/2025 (on 05/08/2025)
bill text
bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB0125&ga=114 |
| BillText | https://publications.tnsosfiles.com/acts/114/pub/pc0336.pdf |
| Fiscal Note - HB0125 | https://www.capitol.tn.gov/Bills/114/Fiscal/HB0125.pdf |
| BillText | https://www.capitol.tn.gov/Bills/114/Bill/HB0125.pdf |
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