Bill Title: As enacted, authorizes the comptroller to allow a municipality to submit two annual budgets every two years (a "biennial budget"), if the comptroller or the comptroller's designee determines that the municipality operates with sufficient financial resources to more than adequately service its issued debt. - Amends TCA Title 4, Chapter 3; Title 6 and Title 9, Chapter 21.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Passed) 2016-03-31 - Comp. became Pub. Ch. 626 [HB2419 Detail]

Text: Latest bill text (Draft #2) [PDF]

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