House Bill 1503 and Senate Bill 1761 propose an amendment to Tennessee Code Annotated regarding hemp regulations. Specifically, the bill modifies Section 43-27-102(c) by changing the duration from "five (5) years" to "ten (10) years." This adjustment extends the time frame related to the relevant provisions concerning hemp.

The bill is set to take effect immediately upon becoming law, emphasizing the urgency of the changes for public welfare. This legislative action reflects a shift in policy regarding the management and regulation of hemp in Tennessee.

Statutes affected:
Introduced: 43-27-102(c), 43-27-102