TN HB0657

Legislative Description

As introduced, specifies that the power of the local development authority to purchase bonds or notes to pay claims against insolvent insurers is supplemental to any other powers authorized by law; clarifies the state building commission not only advertises certain contracts excluded from public purchasing policies, but also evaluates them; allows superintendents of jail workhouses to keep accounts electronically; provides that purchasers of notes and bonds issued by the school bond authority are not liable for gift taxes on proceeds on and after January 1, 2012. - Amends TCA Title 4; Title 5; Title 6; Title 7; Title 8; Title 9; Title 12; Title 41 and Title 49.

Public Funds and Financing

Last Action

Committee Referrals