Amends TCA Title 7, Chapter 53, Part 3.
Tennessee SB0758 amends the definition of "remediation site" within TCA Title 7, Chapter 53, Part 3 to include a 501(c)(3) nonprofit entity that primarily promotes industrial development and new nuclear development upon the dissolution of the existing nonprofit entity. This change affects nonprofit organizations involved in industrial and nuclear development initiatives in Tennessee. The key provision redefines the criteria for what constitutes a remediation site, expanding it to encompass specific nonprofit entities in the context of industrial and nuclear development.
Tennessee SB0758 amends the definition of "remediation site" within TCA Title 7, Chapter 53, Part 3 to include a 501(c)(3) nonprofit entity that primarily promotes industrial development and new nuclear development upon the dissolution of the existing nonprofit entity. This change affects nonprofit organizations involved in industrial and nuclear development initiatives in Tennessee. The key provision redefines the criteria for what constitutes a remediation site, expanding it to encompass specific nonprofit entities in the context of industrial and nuclear development.
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