Comments: TN SB1348 | 2011-2012 | 107th General Assembly

Bill Title: As enacted, authorizes certain municipality located in a tier 3 enhancement county, acting through the authorization of the board of public utilities or other board or supervisory body having responsibility for the gas department or electric department, to loan funds from the gas department or electric department to an eligible industrial development corporation for the purpose of economic development or industrial development, or both, in certain circumstances. - Amends TCA Title 6, Chapter 54.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2011-06-03 - Pub. Ch. 385 [SB1348 Detail]

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

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