SB1491 - Tennessee: Business And Commerce

Companion Bill HB1824. Business and Commerce - Requires notice of hearing on establishment of central business improvement district be published in two major newspapers in the municipality. - Amends TCA Title 7, Chapter 84, Part 5. Fiscal Summary for *SB1491 / HB1824 Increase Local Govt. Expenditures - Not Significant Bill Summary for *SB1491 / HB1824 ON MAY 7, 2007, THE SENATE ADOPTED AMENDMENTS #1, #2 AND #3 AND RESET SENATE BILL 1491, AS AMENDED. AMENDMENT #1 rewrites this bill. This amendment expands the present law declaration that the elimination of urban blight and decay and the modernization and improvement of central business districts by governmental action is necessary to promote the public health and safety by specifying that: (1) The declaration applies to central business districts that are deteriorated at the present [...]

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