HB1205 - Tennessee - Highways, Roads And Bridges, Public Contracts, Public Funds And Financing, Transportation, Dept. Of

Companion Bill SB0347. Highways, Roads and Bridges - Authorizes the state and local jurisdictions to enter into contracts with private entities to operate certain transportation facilities subject to oversight regulation by the department of transportation. - Amends TCA Title 4, Chapter 3, Part 23; Title 54 and Title 65. Fiscal Summary for HB1205 / *SB0347Other Fiscal Impact - The fiscal impact of this bill is dependent upon multiple unknown factors. As a result, a precise estimate cannot be determined. However, the net increases to state and local government expenditures are reasonably estimated to exceed $1,000,000 and $500,000 per year respectively. Any such increase to local government expenditures are considered permissive. Bill Summary for HB1205 / *SB0347 This bill regulates the private construction and operation of transportation [...]

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