Bill > SB1434

This bill proposes to repeal Chapter 148 of the Private Acts of 1983, which established the Tennessee Technology Corridor Development Authority. The bill requires approval from two-thirds of Knox County's legislative body before it can take effect. Specifically, the bill mandates that the presiding officer of Knox County's legislative body must proclaim the approval or rejection of the act and certify this decision to the secretary of state. The act will become immediately effective for the purpose of voting on its approval, but will only fully take effect if and when it receives the required two-thirds vote from the county legislative body. This appears to be a local legislative action aimed at dissolving a specific development authority that was previously established to support technology corridor development in the Tennessee region.

https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB1434&ga=114