Senate Bill 1548 and House Bill 1605 propose amendments to the Tennessee Code Annotated concerning the Tellico Reservoir development agency. Specifically, the bill deletes subdivision (54) from Section 4-29-247(a) and adds a new subdivision to Section 4-29-251(a) that identifies the Tellico Reservoir development agency, which is established under Section 64-1-701.

The bill aims to clarify the legal framework surrounding the Tellico Reservoir development agency by removing outdated provisions and explicitly recognizing the agency within the relevant statutes. The act is set to take effect immediately upon becoming law, emphasizing the importance of the changes for public welfare.

Statutes affected:
Introduced: 4-29-247(a), 4-29-247, 4-29-251(a), 4-29-251