Tennessee · 114th Regular Session (2025-2026) · Bill

SB 1281: Regional Authorities and Special Districts - As enacted, requires that interest income accruing on investments and deposits as a result of the Megasite Authority of West Tennessee's collection of rates to customers of a water system or wastewater system operated by the authority be credited to a separate account and carried forward into each subsequent fiscal year. - Amends TCA Section 64-9-107.

Enacted Last action April 29, 2025: Pub. Ch. 274

Plain-language summary

SB 1281 is a bill introduced in the Tennessee Senate on February 6, 2025. According to its official title, it concerns: Regional Authorities and Special Districts - As enacted, requires that interest income accruing on investments and deposits as a result of the Megasite Authority of West Tennessee's collection of rates to customers of a water system or wastewater system operated by the authority be credited to a separate account and carried forward into each subsequent fiscal year. - Amends TCA Section 64-9-107. Primary sponsor: Johnson. Most recent recorded action (April 29, 2025): Pub. Ch. 274.

Sponsors

Primary sponsor: Johnson.