TN HB3603

Legislative Description

As enacted, specifies that a government joint venture that supplies or treats water or wastewater for wholesale use only to other governments will not fall under the jurisdiction of the utility management review board or the water and wastewater financing board, as appropriate, for the purpose of reporting negative change in the net assets annually, but will be referred to the board if the government joint venture is in a deficit or default position. - Amends TCA Section 7-82-401 and Section 68-221-1010.

Utilities, Utility Districts

Last Action

Committee Referrals