Public Chapter 46

SENATE BILL NO. 407

By Dixon, Harper

Substituted for: House Bill No. 720

By Brooks, Cooper, John DeBerry, Larry Turner, Ulysses Jones, Brown, Pruitt, Miller

AN ACT To amend Tennessee Code Annotated, Section 39-14-137, relative to economic and community development.

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

SECTION 1. Tennessee Code Annotated, Section 39-14-137, is amended by deleting subsection (a) and by substituting instead the following:

(a) No person shall knowingly commit or engage in any false or fraudulent conduct, representation or practice in order to qualify, or assist another to qualify, for participation in any program administered by or through an agency of state or local government intended to specifically encourage and enhance economic development of the following:

(1) Disadvantaged businesses, as described by 4-26-102(5);

(2) Small businesses, as described by 12-3-802(4);

(3) Minority-owned businesses, as described by 12-3-802(3); or

(4) Disadvantaged business concerns and enterprises, as described by or pursuant to 54-1-124.

SECTION 2. This act shall take effect upon becoming a law, the public welfare requiring it.