SB1153 by Sen. Jim Tracy (R-Shelbyville) enacts the "Partnership for Public Facilities and Infrastructure Act." The House bill is HB0883 sponsored by Rep. Ryan Williams (R-Cookeville).
This bill would establish a mechanism for private entities to propose, finance, build and operate public infrastructure projects such as government buildings, schools and highways, and to collect payments and fees from users or the government in return.
Similar legislation with nearly identical language was recently passed in Texas. The bills appear to be based on Virginia's program which was passed in 2002. The Federal Highway Administration, the National Conference of State Legislatures and several large consulting firms are promoting this as a way to leverage limited state funds. According to the NCSL, 29 states have similar programs for transportation projects.
- Congrats to new KCDP officeholders (1 reply)
- Unlike Vouchers and Charters, Community Schools Work (4 replies)
- Tennessee House Bill 317 - Short Term Loans and Lenders (1 reply)
- Tyndall fired (17 replies)
- New push for state takeover of coal regulation gains steam (2 replies)
- Brackin's Blues Club Closed? (12 replies)
- 2015 Shootings in Knox County, TN (17 replies)
- Big Ears is here (7 replies)
- The payday lending industry is in for a rude awakening (3 replies)
- Retirement Crisis: The Great 401(k) Experiment Has Failed for Many Americans (4 replies)
- Other reasons KNS might be losing subscribers (72 replies)
- Burchett nixes honorary resolution for Knox County women's groups (20 replies)