House Bill 735 amends various sections of the Tennessee Code Annotated related to property development standards by introducing a provision that protects the vesting period for development permits. Specifically, the bill adds a new subdivision to Sections 13-3-413(d) and 13-4-310(d), stating that a vesting period established under these sections will not expire due to pending litigation that challenges a permit. Furthermore, it specifies that the vesting period will be tolled while such litigation is ongoing.

This legislation aims to provide greater stability and assurance for property developers by ensuring that their vested rights are maintained during legal disputes over permits. The bill is set to take effect on July 1, 2025, emphasizing the importance of the public welfare in its implementation.

Statutes affected:
Introduced: 13-3-413(d), 13-3-413, 13-4-310(d), 13-4-310