Senate Bill 2147, sponsored by Pody, amends various sections of the Tennessee Code Annotated related to development authorities. The bill specifically adds a provision to Section 64-1-606, stating that the annual report required by this section may be transmitted electronically. This change aims to modernize the reporting process and enhance efficiency in communication.

The act is set to take effect immediately upon becoming law, emphasizing the importance of the public welfare in its implementation. By allowing electronic transmission of reports, the bill seeks to streamline operations within development authorities in Tennessee.

Statutes affected:
Introduced: 64-1-606