Senate Bill 75 amends the Tennessee Code Annotated regarding the Interstate Earthquake Compact of 1988. Specifically, it deletes subdivision (28) from Section 4-29-246(a) and introduces a new section, 4-29-254, which establishes that the Interstate Earthquake Compact of 1988 will terminate on June 30, 2033. Additionally, the bill states that any department, commission, board, agency, or council of state government created during the calendar year 2031 will also terminate on the same date.

The bill allows for the possibility of reestablishing or restructuring any governmental entity that has been terminated under this new section. The act is set to take effect immediately upon becoming law, emphasizing the urgency of the changes proposed.

Statutes affected:
Introduced: 4-29-246(a), 4-29-246