Amends Tennessee Code to clarify utility relocation reimbursement policies and expand eligible utility types.
This bill amends Tennessee Code to update utility relocation reimbursement policies and expand the types of utilities eligible for reimbursement. It sets a statutory minimum reimbursement of $2.5 million per project, allowing the Commissioner to authorize higher amounts. The bill also clarifies that modern digital, broadband, and fiber-optic infrastructure are included among eligible utilities, aligning the statute with current policy. The changes aim to ensure financial prudence, administrative transparency, and equitable treatment of utilities and their customers.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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