Senate Bill 102 aims to amend specific sections of the Tennessee Code Annotated concerning the Tennessee technology development corporation. The bill proposes to delete subdivision (57) from Section 4-29-246(a) and introduces a new subdivision in Section 4-29-252(a) that explicitly identifies the Tennessee technology development corporation, which is established by Section 4-14-201.

The changes made by this bill are intended to clarify the legal framework surrounding the Tennessee technology development corporation. The bill will take effect immediately upon becoming law, emphasizing the importance of the public welfare in its enactment.

Statutes affected:
Introduced: 4-29-246(a), 4-29-246, 4-29-252(a), 4-29-252