House Bill 2320 amends Tennessee Code Annotated, Title 7, Chapter 89, concerning convention center authorities. The bill specifically modifies Section 7-89-110(c) by deleting the last sentence and replacing it with a new requirement that mandates a copy of the report and the annual audit referenced in subsection (a) to be filed with the governing body of the municipality that granted permission for the authority to organize, with a deadline of January 1 each year.
This change aims to enhance transparency and accountability for convention center authorities by ensuring that local governing bodies receive timely financial reports and audits. The bill is set to take effect upon becoming law, emphasizing the importance of public welfare in its implementation.
Statutes affected: Introduced: 7-89-110(c), 7-89-110