Tennessee SB1392 authorizes the state to issue bonds and notes for infrastructure improvements, higher education, and industrial development.

Tennessee SB1392 allows the state to issue bonds and notes to fund infrastructure projects, including highways, bridges, and grants to local governments and industrial development corporations. The act also allocates funds for higher education institutions' capital outlay and maintenance. The bonds can be designated as "college savings bonds" and are exempt from most taxes. The act ensures compliance with civil rights laws and mandates that any invalid provisions do not affect the rest of the act.

Tennessee SB1392 authorizes the state to issue bonds and notes for infrastructure improvements, higher education, and industrial development.

Tennessee SB1392 allows the state to issue bonds and notes to fund infrastructure projects, including highways, bridges, and grants to local governments and industrial development corporations. The act also allocates funds for higher education institutions' capital outlay and maintenance. The bonds can be designated as "college savings bonds" and are exempt from most taxes. The act ensures compliance with civil rights laws and mandates that any invalid provisions do not affect the rest of the act.