Establishes the Southern Cumberland Plateau Regional Water and Wastewater Authority to manage water and wastewater systems.
The bill creates the Southern Cumberland Plateau Regional Water and Wastewater Authority, a public corporation tasked with planning, acquiring, constructing, improving, extending, furnishing, equipping, financing, owning, operating, and maintaining water and wastewater systems. The Authority can issue bonds, notes, and refunding bonds, and its revenues are exempt from state, county, and municipal taxation.
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