Senate Bill 102 amends the Tennessee Code Annotated concerning the Tennessee technology development corporation. Specifically, it deletes subdivision (57) from Section 4-29-246(a) and adds a new subdivision in Section 4-29-252(a) that identifies the Tennessee technology development corporation, which is created by Section 4-14-201.

The bill aims to streamline the legal framework surrounding the Tennessee technology development corporation by removing outdated provisions and clarifying its establishment within the state code. The act is set to take effect immediately upon becoming law, emphasizing the importance of the changes for public welfare.

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