House Bill 65 amends Tennessee Code Annotated, Title 6, to expand the powers of cities incorporated under a general law city manager-commission charter. Specifically, it introduces a new provision that allows these cities to contract with private entities for the development, construction, management, or operation of indoor or outdoor sports facilities. This new authority includes the ability to negotiate terms related to the division of operating revenues or losses, leasing or selling parts of the facility, and the payment of management fees, ensuring that the agreements align with the city's interests and those of its residents.

Additionally, the bill redesignates the existing subdivision (33) as subdivision (34) within Section 6-19-101(a) to accommodate this new subdivision (33). The act is set to take effect immediately upon becoming law, emphasizing its importance for public welfare.

Statutes affected:
Introduced: 6-19-101(a), 6-19-101