Bill > HB0292

This bill requires the Tennessee Department of Economic and Community Development to submit an annual report to specific legislative committees, specifically the Senate Finance, Ways and Means Committee and the House Finance Committee. The report must provide detailed information about regional authorities created in the previous fiscal year, including the names of municipalities involved in establishing the authority, the amount of land acquired and improved, and specific financial details about the project. The department is also granted discretion to include any additional information it considers relevant. The bill amends existing Tennessee law to add this reporting requirement, and it will take effect immediately upon becoming law, with the stated justification that it serves the public welfare by increasing transparency and oversight of regional economic development authorities.

https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB0292&ga=114