Tennessee HB 503: Regional Authorities and Special Districts - As enacted, allows the East Tennessee regional agribusiness marketing authority to develop, market, and promote facilities for warehousing, distribution, light manufacturing, and agribusiness purposes, and enter lease purchase agreements by a two-thirds (2/3) majority vote by the board, and removes tax exempt status for any ETRAMA property sold under a lease purchase agreement. - Amends TCA Title 64, Chapter 10, Part 1.

Status: Effective date(s) 04/23/2019 (as of 2019-05-01)

State: Tennessee · Session: 111 · Bill: HB 503

Subjects: Regional Authorities and Special Districts

Sponsors: Eldridge, Southerland

View Tennessee HB 503 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.