SB880 — Municipal Government - As introduced, requires that a referendum be conducted before a publicly funded entity can be sold or leased; "sale or lease" means that more than 30 percent of the assets of the entity are subject to sale or lease. - Amends TCA Title 7, Chapter 51.

SB880 — Municipal Government - As introduced, requires that a referendum be conducted before a publicly funded entity can be sold or leased; "sale or lease" means that more than 30 percent of the assets of the entity are subject to sale or lease. - Amends TCA Title 7, Chapter 51. · Informed CitizenrySB880 amends Tennessee Code Annotated Title 7, Chapter 51 to require a referendum before a publicly funded entity in any municipality can be sold or leased. A 'publicly funded entity' is defined as…Open in Informed Citizenry