Utilities, Utility Districts - As enacted, authorizes a political subdivision to enter into a cost-sharing agreement with a developer for the development of certain public infrastructure. - Amends TCA Title 5; Title 6; Title 7; Title 13; Title 65 and Title 68.
Comp. became Pub. Ch. 1028
Summary
The bill lets counties, cities or metropolitan governments require developers to build or pay for public infrastructure that lies outside the development site, such as roads, utilities or broadband. The cost split must reflect the developer’s impact and the government has 60 days to decide. If the parties can’t agree, the developer can ask the state board of utility regulation to set the amount.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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