Bill > HB0256

This bill extends the legal authorization for the Megasite Authority of West Tennessee by making technical amendments to Tennessee state law. Specifically, the bill removes a previous reference to the Megasite Authority from one section of the Tennessee Code (Section 4-29-246(a)), and then adds the Megasite Authority back into another section of the code (Section 4-29-250(a)) as a recognized state entity. A "megasite" typically refers to a large-scale industrial or economic development site designed to attract significant business investments, often for manufacturing or technology projects. The bill effectively renews the legal standing of the Megasite Authority of West Tennessee, extending its operational authority until June 30, 2029. The changes are administrative in nature and appear intended to ensure the continued legal recognition and functionality of this economic development organization. The bill will take effect immediately upon becoming law, as stated in the final section.

Government Affairs

https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB0256&ga=114