Tennessee House Bill HB1777

Tennessee 2023-2024 Regular Session

• Introduced: 1/9/24
• Refer: 1/11/24
• Refer: 1/29/24
• Chaptered: 3/19/24
• Passed: 3/19/24

Caption

AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 29 and Title 64, Chapter 5, relative to the Tennessee central economic authority.

Impact

By amending these sections, HB 1777 seeks to modernize the legal framework governing the Tennessee central economic authority, which may lead to more efficient decision-making and operations within the state's economic development efforts. The anticipated outcome is to facilitate a more coherent and robust approach to economic management at the state level, enabling better service in fostering business and economic initiatives across Tennessee.

Summary

House Bill 1777 aims to amend the Tennessee Code Annotated specifically addressing sections related to the Tennessee central economic authority. This act involves deleting a specific subdivision in Section 4-29-245(a) and adding a reference to the Tennessee central economic authority in Section 4-29-251(a). The proposed changes are intended to streamline and clarify existing legal structures that govern the economic authority's functions and responsibilities. The bill took effect immediately upon becoming law, focusing on enhancing the operational framework within which the economic authority operates.

Sentiment

The reception of HB 1777 was largely positive among legislators who emphasized the need for a functional and clear framework for the Tennessee central economic authority. Supporters viewed the bill as essential for improving the authority's efficiency, ensuring that it can meet contemporary economic challenges effectively. However, specific discussions around the implications of these amendments were not highlighted distinctly, suggesting a general consensus on the necessity for these changes without overwhelming opposition.

Contention

Notable points of contention were minimal, as the nature of the amendments appeared to be technical in focus rather than politically divisive. The deletion of the subdivision may indicate a restructuring or reallocation of responsibilities within the central economic authority, which could invite scrutiny in future sessions regarding how these venues will operate post-amendment. In summary, while the bill's intent seemed universally accepted, the practical implications on the authority's function and accountability may warrant further discussion in subsequent legislative actions.