Public Chapter 307

SENATE BILL NO. 1034

By Gilbert

Substituted for: House Bill No. 596

By Head

AN ACT To amend Tennessee Code Annotated, Title 7, Chapter 39, Part 3, relative to gas acquisition corporations.

WHEREAS, The provisions of Sections 20 and 24 of Chapter 93 of the Public Acts of 1997 (SB 106, HB 201), amended Tennessee Code Annotated, Section 7-39-312, by adding two new subdivisions (4) which have similar but not identical language; and

WHEREAS, The legislative intent was for the language in subdivision (4) of Section 20 to be enacted; and

WHEREAS, For the purpose of placing the amendments to Tennessee Code Annotated, Section 7-39-312, as amended by Chapter 93, in the correct posture for codification; now, therefore,

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

SECTION 1. Tennessee Code Annotated, Section 9-39-312, is amended by deleting all of the language added by the amendment in Section 24 of Chapter 93 of the Public Acts of 1997, in its entirety.

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