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TN HB0280

TN HB0280
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
01/21/2025
In Committee
03/17/2025
Crossed Over
Passed
05/15/2025
Dead
Signed/Enacted/Adopted
05/15/2025

Introduced Session

114th General Assembly

Bill Summary

As enacted, extends the Tennessee technology development corporation to June 30, 2027. - 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 making some technical changes to state law. Specifically, the bill removes a previous reference to the TTDC from Section 4-29-246(a), which appears to be eliminating an outdated listing, and then adds a new reference to the TTDC in Section 4-29-248(a), effectively updating and maintaining the corporation's official status. The bill extends the corporation's authorization until June 30, 2031, which means the organization can continue its operations of supporting technology development and innovation in Tennessee for approximately another decade. The changes are administrative in nature, ensuring the legal framework for the TTDC remains current. The bill will take effect immediately upon becoming law, as stated in Section 3, which emphasizes that the public welfare requires these updates to be implemented promptly.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Comp. became Pub. Ch. 410 (on 05/15/2025)

bill text


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