Amends TCA Title 13, Chapter 14, Part 1.
Tennessee SB0751 amends provisions related to the funding and structure of development districts in the state. It establishes a new MidSouth development district and modifies funding requirements, changing the basis for state appropriations from a fixed per capita assessment to a formula that considers population size and regional cost of living variations. The bill also removes existing local contribution limits and requirements for matching state funds.
Tennessee SB0751 amends provisions related to the funding and structure of development districts in the state. It establishes a new MidSouth development district and modifies funding requirements, changing the basis for state appropriations from a fixed per capita assessment to a formula that considers population size and regional cost of living variations. The bill also removes existing local contribution limits and requirements for matching state funds.
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Yager, Ken
114th General Assembly
February 4, 2025
May 8, 2025
Comp. became Pub. Ch. 332