TN HB1921 | 2009-2010 | 106th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on July 1 2009 - 100% progression
Action: 2009-07-01 - Comp. became Pub. Ch. 489
Text: Latest bill text (Draft #1) [PDF]

Summary

As enacted, authorizes the legislative body of a municipality to enter into an agreement with a private entity under which the entity agrees to pay all or a portion of the costs of a public facility being constructed by the municipality, if the municipality reasonably anticipates that private investment of at least $25 million will be made on property adjacent to the public facility; revises other various provisions related to special assessments and improvement bonds. - Amends TCA Title 7, Chapter 32 and Title 7, Chapter 33.

Tracking Information

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Title

As enacted, authorizes the legislative body of a municipality to enter into an agreement with a private entity under which the entity agrees to pay all or a portion of the costs of a public facility being constructed by the municipality, if the municipality reasonably anticipates that private investment of at least $25 million will be made on property adjacent to the public facility; revises other various provisions related to special assessments and improvement bonds. - Amends TCA Title 7, Chapter 32 and Title 7, Chapter 33.

Sponsors


History

DateChamberAction
2009-07-01 Comp. became Pub. Ch. 489
2009-06-03 Comp. SB subst.
2009-06-02 Placed on Regular Calendar for 6/3/2009
2009-06-02 Placed on cal. Calendar & Rules Committee for 06/02/2009
2009-06-02 Rec. For Pass. ref. to: Calendar & Rules Committee
2009-05-27 Placed on cal. Finance, Ways & Means Committee for 06/02/2009
2009-05-27 Action Def. in Finance, Ways & Means Committee to 6/3/2009
2009-05-20 Placed on cal. Finance, Ways & Means Committee for 05/27/2009
2009-05-20 Rec. For Pass. by s/c ref. to Finance, Ways & Means Committee
2009-05-13 Placed on s/c cal Budget of FW&M for 05/20/2009
2009-05-13 Assigned to s/c Budget of FW&M
2009-05-12 Rec. for Pass. if Am. ref. to: Finance, Ways & Means Committee
2009-05-06 Placed on cal. State & Local Government Committee for 05/12/2009
2009-05-06 Rec. for pass. if am. by s/c ref. to State & Local Government Committee
2009-04-29 Placed on s/c cal Local Government of S&LG for 05/06/2009
2009-03-04 Assigned to s/c Local Government of S&LG
2009-03-02 P2C, ref. to State & Local Government
2009-02-26 Intro., P1C.
2009-02-25 Filed for intro.

Same As/Similar To

SB1706 (Crossfiled) 2009-07-01 - Pub. Ch. 489

Subjects


Tennessee State Sources


Bill Comments

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