Bill Title: As enacted, authorizes the appropriation of the yearly interest and earnings of the natural resources trust fund for reimbursement of greenbelt rollback taxes assessed against a county or municipal government as the result of acquisition of land for a park; if the land is not used as a park for 10 years or more, the county or municipality must repay the amount of the reimbursement to the fund. - Amends TCA Title 11.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2012-05-15 - Pub. Ch. 959 [SB0948 Detail]

Text: Latest bill text (Draft #3) [PDF]

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