Bill > HB0249

This bill makes technical amendments to Tennessee's statutory provisions regarding the industrial development division and building finance committee. Specifically, the bill removes a reference to the committee from one section of the Tennessee Code (Section 4-29-246(a), Subdivision 24) and adds a new reference to the committee in another section (Section 4-29-252(a)) that lists various state divisions and committees. The bill effectively extends the existence of the industrial development division, building finance committee until June 30, 2031, which appears to be a routine administrative measure to continue the operations of this state committee. The bill will take effect immediately upon becoming law, as stated in Section 3, which emphasizes that the public welfare requires its prompt implementation. While the changes are minor and technical in nature, they ensure the continued legal authorization of this specific state administrative entity.

Government Affairs

https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB0249&ga=114