House Bill 2772 amends Tennessee Code Annotated, specifically Section 50-7-451(f), by changing the requirement for reporting from "and every year thereafter" to "and by every February 1 thereafter." This adjustment specifies the timeline for future reports, ensuring that they are submitted annually by a fixed date.

The bill is set to take effect immediately upon becoming law, emphasizing the importance of timely reporting for the department of economic and community development. This change aims to enhance the efficiency and clarity of the reporting process within the state's economic framework.

Statutes affected:
Introduced: 50-7-451(f), 50-7-451