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Tennessee HB1695

Municipal Government - As introduced, establishes a process for a financially distressed home rule municipality to resolve its financial affairs through an improvement plan in consultation with the comptroller of the treasury and the state funding board; authorizes, under certain circumstances, the forfeiture of the charter of any financially distressed home rule municipality. - Amends TCA Title 4; Title 5; Title 6; Title 8, Chapter 4 and Title 9.