HB1771 - Tennessee: Internet And E-commerce, Municipal Government, Utilities, Utility Districts

Companion Bill SB1277. Municipal Government - Limits a municipality's authorization to enter into a business relationship with a third party to provide cable, Internet, or related services to a joint venture; requires disclosure of information related to such agreements; requires that both a vote of a legislative body and a referendum be held to approve the provision of cable and Internet services; and prohibits a municipal electric system from loaning funds to or subsidizing with revenues a division created to provide cable and Internet services. - Amends TCA Title 7, Chapter 52. Fiscal Summary for HB1771 / *SB1277 Increase Local Govt. Expenditures - Exceeds $100,000* Bill Summary for HB1771 / *SB1277 Present law authorizes a municipality operating an electric plant to establish a joint venture or other business relationship with one or more third [...]

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