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Latest Update: Wednesday, July, 23rd 2008

Companion Bill SB2141. Regional Authorities and Special Districts - Enacts the "Tennessee Regional Megasite Authority Act of 2007." - Amends TCA Title 64. Fiscal Summary for *HB2172 / SB2141Increase Local Govt. Expenditures - $180,000/Permissive Other Fiscal Impact - It is assumed that bonds will be issued to fund the activities of the authority. If $200,000,000 in 30 year bonds were to be issued at a 6% interest rate, the debt service payments on such bonds is estimated to be approximately $16,400,000 per year. It is further assumed that at some point in the future that any project funded by the authority will be sold at an amount substantially exceeding $1,000,000. Bill Summary for *HB2172 / SB2141 This bill authorizes the creation of regional megasite authorities by two or more participating counties. Any regional megasite authority created [...]

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Latest Actions
  • 06/19/2007 - Companion became Public Chapter 426
  • 05/31/2007 - Companion Senate Bill Substituted
  • 05/30/2007 - H. Placed on Regular Calendar for 5/31/07
  • 05/30/2007 - Placed on Calendar Calendar & Rules Committee for 05/30/2007
  • 05/30/2007 - Recommended For Passage Referred to: Calendar & Rules Committee

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Bill Text
File name Last Updated
Amendment 1-0 to HB217210/27/2007
HB2172 Bill Text PDF10/27/2007

Fiscal Notes
File name Last Updated
HB2172 Fiscal Notes PDF10/27/2007
Fiscal Memo - Amendment 1-0 to HB217210/27/2007