govt.fyi
Back to HB 672
Tennessee General Assembly· HB 672Comp. SB subst.

Industrial Development - As enacted, redefines "remediation site" to include a 501(c)(3) nonprofit entity whose main purpose is to promote industrial development and new nuclear development upon dissolution of the existi, the official text

Shown verbatim: the complete text as captured from the official PDF posted by the Tennessee General Assembly, fetched 2026-09-25. Page and line markers are part of the official record; nothing is edited or removed. This is the chaptered version. The official bill page.
'(--Ilk:._. •O\rr._-i•  ,;i • '.   •I}

::  «~i!ii  AGRI -           E\    . :::

\   ~\.     .~                 /,

            C ••

            tt:!. ......

            , • 1796

            ""~•····~··· -•

Stak ef Jennessee

                            PUBLIC CHAPTER NO. 379

                                                    SENATE BILL NO. 758

                                                              By Yager

                                             Substituted for: House Bill No. 672

                                                           By Scarbrough

AN ACT to amend Tennessee Code Annotated, Title 7, Chapter 53, Part 3, relative to industrial
          development corporations.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:

          SECTION 1. Tennessee Code Annotated, Section 7-53-317(a)(2), is amended by deleting the
period(.) at the end of the subdivision and adding the following language:

          ; however, upon dissolution of the nonprofit entity, the acreage shall be transferred to a
          501 (c)(3) nonprofit entity whose main purpose is to promote industrial development and new
          nuclear development.

          SECTION 2. This act takes effect upon becoming a law, the public welfare requiring it.
         SENATE BILL NO. 758

PASSED:  April 16, 2025

                   n ~~~\u
                           '-          RANDYIVlcNALL Y

                           SPEAKER OF THE SENATE

                           CAMERO~SLXTON,SPEAKER
                           HOUSE OF REPRESENTATIVES

lo~ APPROVED this  day of  rv'\,,.A1J  2025

                    Cu.

                   BILL LEE, GOVERNOR
Every fact on this page links to its source, starting with the official bill record.