Tennessee SB1206 establishes the Urban Green Space Development fund to support green space projects in urban areas.

Tennessee SB1206 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 or protecting green spaces in urban areas. Eligible projects include land with natural, historic, or scenic features. The fund will accept public and private gifts and grants, which must be matched by nonstate funds. Interest earned on investments will remain in the fund, and unexpended balances will carry over to the next fiscal year.

Tennessee SB1206 establishes the Urban Green Space Development fund to support green space projects in urban areas.

Tennessee SB1206 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 or protecting green spaces in urban areas. Eligible projects include land with natural, historic, or scenic features. The fund will accept public and private gifts and grants, which must be matched by nonstate funds. Interest earned on investments will remain in the fund, and unexpended balances will carry over to the next fiscal year.