HB1631 — Public Funds and Financing - As introduced, adds a cross-reference to the statutory definition of the term "substantially level or declining debt service," in the context of issuing balloon indebtedness by local governments. - Amends TCA Section 9-21-134.

HB1631 — Public Funds and Financing - As introduced, adds a cross-reference to the statutory definition of the term "substantially level or declining debt service," in the context of issuing balloon indebtedness by local governments. - Amends TCA Section 9-21-134. · Informed CitizenryThis bill amends Tennessee Code Annotated Section 9-21-134 regarding debt service. Specifically, it changes how 'substantially level or declining debt service' is determined when local governments…Open in Informed Citizenry