At the request of a member of the general assembly, this bill requires the attorney general to investigate an ordinance, regulation, order, or other official action adopted or taken by the chief executive officer or governing body of a local government or any written policy, written rule, or written regulation adopted by any agency, department, or other entity of the local government that the member alleges violates, or that would violate if enacted or enforced, state law or the Constitution of Tennessee. This bill requires the attorney general to make a written report of findings and conclusions as a result of the investigation within 30 days after receipt of the request and to provide a copy of the report to the governor, the speaker of the senate, the speaker of the house of representatives, the member or members of the general assembly making the original request, and the secretary of state. If the attorney general concludes that the ordinance, regulation, order, written policy, written rule, or other action under investigation:  Violates, or would violate if enacted or enforced, a provision of state law or the Constitution of Tennessee, the attorney general must provide notice to the local government, by certified mail, of the violation and must indicate that the local government has 30 days to resolve the violation or file an action challenging the conclusion and any withholding of funds.  May violate, or would violate if enacted or enforced, a provision of state law or the Constitution of Tennessee, the attorney general must file a special action in the supreme court to resolve the issue, and the supreme court must give the action precedence over all other cases.  Does not violate any provision of state law or the Constitution of Tennessee, the attorney general must take no further action pursuant to this bill. If the attorney general determines that the local government has failed to resolve the violation or file an action challenging the conclusion and any withholding of funds within 30 days of the notification, or within 30 days of the supreme court determining that the ordinance, regulation, order, written policy, written rule, or other action violates, or would violate if enacted or enforced, a provision of state law or the Constitution of Tennessee, then this bill requires the attorney general to do the following:  Notify the appropriate state officials who must withhold all or a portion of the funds of the state and all funds administered by the state and its agencies, boards, and instrumentalities allotted or appropriated to the local government, including, but not limited to, state-shared taxes.  Continue to monitor the response of the local government, and when the offending ordinance, regulation, order, or action is repealed or the violation is otherwise resolved, the attorney general must notify (i) the governor, the speaker of the senate, the speaker of the house of representatives, and the member or members of the general assembly making the original request that the violation has been resolved; and (ii) the appropriate state officials to restore the distribution of state-shared revenues to the local government. Before a member of the general assembly may request an investigation by the attorney general and reporter of a written policy, written rule, or written regulation adopted by an agency, department, or other entity of a local government pursuant to this bill, this bill requires the member of the general assembly to first provide a written notification of the alleged violation of state law or the Constitution of Tennessee to the chief executive officer and governing body of the local government. If the local government does not repeal or otherwise resolve the violation within 60 days after receiving the notification, the member of the general assembly may request an investigation by the attorney general. However, this bill does not authorize the withholding of funds allocated to a local government that would violate contracts to which the state is a party, the requirements of federal law imposed on the state, judgments of a court binding on the state, or obligations of the state under the Tennessee Constitution.