SB114 — Public Funds and Financing - As enacted, broadens certain disclosure obligations of state and local governmental entities by requiring their disclosure of covenant violations and credit rating downgrades to the comptroller of the treasury or the comptroller's designee. - Amends TCA Section 9-21-134.

SB114 — Public Funds and Financing - As enacted, broadens certain disclosure obligations of state and local governmental entities by requiring their disclosure of covenant violations and credit rating downgrades to the comptroller of the treasury or the comptroller's designee. - Amends TCA Section 9-21-134. · Informed CitizenrySB114 amends Tennessee Code Annotated Section 9-21-134 to expand the reporting requirements for state and local governmental entities regarding finance transactions. The bill defines 'covenant viol…Open in Informed Citizenry