Establishes the Urban Green Space Development Fund to support the acquisition of green spaces in urban areas.

The bill amends Tennessee Code to create the Urban Green Space Development Fund, managed by the Department of Environment and Conservation. The fund will provide grants to local governments and private nonprofits for purchasing green spaces in urban areas. It requires matching funds from nonstate sources for private nonprofits. Grants can be used for land acquisition, conservation easements, and related costs. The bill also mandates that grant recipients provide perpetual easements restricting land use to green space.

Establishes the Urban Green Space Development Fund to support the acquisition of green spaces in urban areas.

The bill amends Tennessee Code to create the Urban Green Space Development Fund, managed by the Department of Environment and Conservation. The fund will provide grants to local governments and private nonprofits for purchasing green spaces in urban areas. It requires matching funds from nonstate sources for private nonprofits. Grants can be used for land acquisition, conservation easements, and related costs. The bill also mandates that grant recipients provide perpetual easements restricting land use to green space.