States / Tennessee / SB 518

SB 518 Enacted

Utilities, Utility Districts - As enacted, authorizes certain utility systems to borrow money in anticipation of revenue collections and to issue negotiable notes to evidence such borrowing to provide emergency cash flow for such systems, with oversight of such actions by the comptroller of the treasury; establishes deadline for the payment of such notes. - Amends TCA Section 7-34-111; Section 7-36-113; Section 7-82-501; Section 7-82-702; Section 68-221-1311 and Section 68-221-611.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted
Current Version — · 2.3K words Open full page ↗

HOUSE BILL 561

By Capley

SENATE BILL 518

By Reeves

AN ACT to amend Tennessee Code Annotated, Section 7-

34-111; Section 7-36-113; Section 7-82-501;

Section 7-82-702; Section 68-221-1311 and

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