Shielding Tennesseans from Oligarchic Power and Eliminating Lawless Obstruction of Necessities Act (STOP ELON Act)
Amends TCA Title 29 and Title 39.
Tennessee SB1128, titled the "Shielding Tennesseans from Oligarchic Power and Eliminating Lawless Obstruction of Necessities Act (STOP ELON Act)," establishes that individuals or entities who interfere with the receipt of loans, grants, or financial assistance from government sources, with the intent to deprive the rightful recipients, commit an offense punishable as theft. The bill allows victims of such offenses to pursue civil actions to recover the funds they were denied. Key provisions include the aggregation of monetary value from multiple criminal acts for establishing theft value and the imposition of both criminal and civil penalties for violations.
Tennessee SB1128, titled the "Shielding Tennesseans from Oligarchic Power and Eliminating Lawless Obstruction of Necessities Act (STOP ELON Act)," establishes that individuals or entities who interfere with the receipt of loans, grants, or financial assistance from government sources, with the intent to deprive the rightful recipients, commit an offense punishable as theft. The bill allows victims of such offenses to pursue civil actions to recover the funds they were denied. Key provisions include the aggregation of monetary value from multiple criminal acts for establishing theft value and the imposition of both criminal and civil penalties for violations.
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