SB0480: AN ACT to amend Tennessee Code Annotated, Title 13, Chapter 20; Title 13, Chapter 21 and Title 29, Chapter 17, relative to housing authorities.
Legislative Summary
As enacted, deletes the definition of "blighted area" and defines "blighted property" for purposes of condemnation by housing authorities; clarifies that housing authorities may acquire real property without using eminent domain; authorizes housing authorities to pay more than fair market value for properties that are not blighted but that are in a blighted area; makes other related changes. - Amends TCA Title 13, Chapter 20; Title 13, Chapter 21 and Title 29, Chapter 17.
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