Amends TCA Section 9-21-134.
Tennessee HB0136 amends TCA Section 9-21-134 by removing specific disclosure requirements that the state funding board must consider when determining what information to disclose regarding finance transactions. It affects public entities by expanding their obligations to disclose any event of default, covenant violation, or credit rating downgrade to the comptroller of the treasury within 10 business days, regardless of their MSRB obligations. Key changes include the elimination of the detailed list of considerations for disclosures and the broadening of disclosure requirements for financial obligations.
Tennessee HB0136 amends TCA Section 9-21-134 by removing specific disclosure requirements that the state funding board must consider when determining what information to disclose regarding finance transactions. It affects public entities by expanding their obligations to disclose any event of default, covenant violation, or credit rating downgrade to the comptroller of the treasury within 10 business days, regardless of their MSRB obligations. Key changes include the elimination of the detailed list of considerations for disclosures and the broadening of disclosure requirements for financial obligations.
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Atchley, Fred
114th General Assembly
January 13, 2025
March 21, 2025
Comp. became Pub. Ch. 17