Bill > SB1482

This bill amends the existing legal framework for the City of Portland by removing Section 11 from Article XII of Chapter 568 of the Private Acts of 1939, which previously contained provisions requiring a referendum for selling, leasing, or disposing of the city's water or light plant. The bill will only take effect if approved by a two-thirds vote of the Portland legislative body, with the presiding officer responsible for proclaiming the approval or disapproval and certifying it to the secretary of state. While the bill becomes legally effective upon becoming law for the purpose of approval, it will only fully take effect after receiving the required legislative body approval. The key change appears to be eliminating the mandatory referendum requirement for municipal utility transactions, which would give the city's legislative body more direct authority to make decisions about its water and light plant without requiring a public vote.

https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB1482&ga=114