HB1672 — Local Government, General - As enacted, makes changes to the process by which local governments may issue and sell grant anticipation notes; authorizes the comptroller to approve certain notes issued by a local government if the local government demonstrates that a natural disaster has caused economic distress. - Amends TCA Title 9, Chapter 13, Part 2 and Title 9, Chapter 21, Part 7.

HB1672 — Local Government, General - As enacted, makes changes to the process by which local governments may issue and sell grant anticipation notes; authorizes the comptroller to approve certain notes issued by a local government if the local government demonstrates that a natural disaster has caused economic distress. - Amends TCA Title 9, Chapter 13, Part 2 and Title 9, Chapter 21, Part 7. · Informed CitizenryThe bill amends Tennessee Code Annotated regarding local government debt and note issuance. It modifies Section 9-13-206 to allow a local government's governing body to issue notes maturing beyond…Open in Informed Citizenry