SB2191 amends Tennessee Code to allow political subdivisions to require developers to share costs for offsite public infrastructure improvements.
SB2191 amends Tennessee Code to allow political subdivisions to require developers to share costs for offsite public infrastructure improvements necessary for private developments. The bill defines key terms such as "developer," "development," and "offsite public infrastructure improvement." It mandates that political subdivisions and developers must agree on a cost-sharing arrangement based on the development's impact. If an agreement cannot be reached, the Tennessee Board of Utility Regulation will determine the cost-sharing amount.
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- Core Provisions
- Implementation
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- Legal Framework
- Critical Issues
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