HB1017 - Tennessee - Planning, Public, Regional Authorities And Special Districts

Companion Bill SB1512. Regional Authorities and Special Districts - Removes jurisdiction over residential property from the authority of the Tellico Reservoir development agency. - Amends TCA Title 64, Chapter 1, Part 7. Fiscal Summary for *HB1017 / SB1512 Forgo Local Govt. Revenues - Exceeds $3,000,000 Bill Summary for *HB1017 / SB1512 This bill changes certain powers and duties of the Tellico Reservoir development agency as follows: (1) Present law authorizes the agency to transfer the agency's property to industrial, commercial, or residential developers. This bill removes the agency's authorization to transfer agency property to residential developers, but would retain the agency's authority to transfer agency property to industrial and commercial developers. (2) This bill removes the present law requirement that the agency [...]

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