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Companion Bill SB3617. Regional Authorities and Special Districts - Distributes funds received by the state in lieu of taxes from TVA to regional development authorities to subsidize shortfalls of impact funds in certain circumstances. - Amends TCA Section 67-9-102(b)(3)(D). Fiscal Summary for HB3354 / *SB3617Other Fiscal Impact - The Four Lakes Regional Development Authority (Four Lakes) will receive $650,000 in TVA construction impact funds in FY08-09 rather than $97,500 under the current allocation. The additional allocation of $552,500 to Four Lakes will be redirected from funds that would otherwise be allocated to all 95 counties under TVAs payment in lieu of taxes program. Bill Summary for HB3354 / *SB3617 PRESENT LAW Under present law, from any increase in the payments received by the state from the Tennessee Valley authority [...]

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Latest Actions
  • 06/20/2008 - Public Chapter 1158
  • 06/20/2008 - Effective date(s) 06/13/08
  • 06/13/2008 - Signed by Governor.
  • 06/03/2008 - Transmitted to Governor for his action.
  • 06/03/2008 - Signed by Senate Speaker

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Bill Text
File name Last Updated
Amendment 2-0 to HB335405/24/2008
Amendment 1-0 to HB335404/26/2008
HB3354 Bill Text PDF01/26/2008

Fiscal Notes
File name Last Updated
Fiscal Memo - Amendment 2-0 to SB361705/24/2008
Fiscal Memo - Amendment 1-0 to SB361705/24/2008
SB3617 Fiscal Notes PDF03/01/2008