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Tennessee SB1836

Public Funds and Financing - As enacted, prohibits expenditure of state funds to pay the public indebtedness of any municipality; specifies that this prohibition does not preclude any municipality from utilizing its allocation of state-shared taxes for the purpose of paying its public indebtedness. - Amends TCA Title 6, Chapter 56; Title 9, Chapter 1; Title 9, Chapter 3; Title 9, Chapter 4 and Title 9, Chapter 21.