Amends TCA Title 44.
Tennessee SB2026 amends Title 44 of the Tennessee Code Annotated to establish that indemnity payments for animals destroyed to prevent the spread of disease will be based on the fair market value of the animal, contingent upon available funds. This bill affects livestock owners and agricultural stakeholders by providing a framework for compensation in the event of disease-related animal destruction. A key provision is the specification that payments will reflect the fair market value rather than a fixed amount.
Tennessee SB2026 amends Title 44 of the Tennessee Code Annotated to establish that indemnity payments for animals destroyed to prevent the spread of disease will be based on the fair market value of the animal, contingent upon available funds. This bill affects livestock owners and agricultural stakeholders by providing a framework for compensation in the event of disease-related animal destruction. A key provision is the specification that payments will reflect the fair market value rather than a fixed amount.
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