Senate Bill 2545, also known as House Bill 2772, proposes an amendment to the Tennessee Code Annotated concerning the Department of Economic and Community Development. The bill specifically modifies Section 50-7-451(f) by deleting the phrase "and every year thereafter" and replacing it with "and by every February 1 thereafter." This change establishes a more precise timeline for the required actions outlined in that section.

The bill is set to take effect immediately upon becoming law, emphasizing the importance of the changes for the public welfare. The amendment aims to streamline the reporting or compliance process by specifying the date for future actions, thereby enhancing clarity and accountability within the department's operations.

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