Amends TCA Title 5; Title 6; Title 7; Title 9; Title 12; Title 13 and Title 66.
Tennessee SB0731 amends various sections of the Tennessee Code Annotated to regulate contracts between local governments and developers or contractors, specifically concerning nonessential infrastructure. The bill prohibits local governments from making changes to contract terms without mutual agreement and requires the release of bonds within 30 days upon independent verification of project completion. Additionally, it mandates local governments to review development plans and issue reports within 30 business days, while limiting the number of deficiency reports to two before requiring justification for any further reports.
Tennessee SB0731 amends various sections of the Tennessee Code Annotated to regulate contracts between local governments and developers or contractors, specifically concerning nonessential infrastructure. The bill prohibits local governments from making changes to contract terms without mutual agreement and requires the release of bonds within 30 days upon independent verification of project completion. Additionally, it mandates local governments to review development plans and issue reports within 30 business days, while limiting the number of deficiency reports to two before requiring justification for any further reports.
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Pody, Mark
114th General Assembly
February 4, 2025
April 1, 2025
Failed in Senate State and Local Government Committee