| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | ||
| 2 | 2 | HOUSE BILL 672 | |
| 3 | 3 | By Scarbrough | |
| 4 | 4 | ||
| 5 | 5 | SENATE BILL 758 | |
| 6 | 6 | By Yager | |
| 7 | 7 | ||
| 8 | 8 | ||
| 9 | 9 | SB0758 | |
| 10 | 10 | 001973 | |
| 11 | 11 | - 1 - | |
| 12 | 12 | ||
| 13 | 13 | AN ACT to amend Tennessee Code Annotated, Title 7, | |
| 14 | 14 | Chapter 53, Part 3, relative to industrial | |
| 15 | 15 | development corporations. | |
| 16 | 16 | ||
| 17 | 17 | BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE: | |
| 18 | 18 | SECTION 1. Tennessee Code Annotated, Section 7-53-317(a)(2), is amended by | |
| 19 | 19 | deleting the period (.) at the end of the subdivision and adding the following language: | |
| 20 | 20 | ; however, upon dissolution of the nonprofit entity, the acreage shall be transferred to a | |
| 21 | 21 | 501(c)(3) nonprofit entity whose main purpose is to promote industrial development and | |
| 22 | 22 | new nuclear development. | |
| 23 | 23 | SECTION 2. This act takes effect upon becoming a law, the public welfare requiring it. |