House Bill 2511, also known as Senate Bill 2454, aims to amend Tennessee Code Annotated, specifically Section 9-4-5107(a), to clarify the appropriation of funds for debt service payments to certain debt issuers. The bill introduces new language to include appropriations made "by a regional airport authority under 42-3-104(a)(3), by a metropolitan airport authority under title 42, chapter 4," following the existing reference to the housing development agency in title 13. This change is intended to ensure that these airport authorities are recognized in the context of debt service obligations.

The act is set to take effect on July 1, 2026, emphasizing the importance of public welfare in its implementation. The amendment reflects a broader effort to streamline and clarify funding processes for various debt issuers, thereby enhancing financial management within the state.

Statutes affected:
Introduced: 9-4-5107(a), 9-4-5107
Amended with SA0945 -- 04/15/2026: 9-4-5107(a), 9-4-5107