Tennessee House of Representatives 112th House Local Government Committee, 22 Feb 2022

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From YouTube: House - Cities & Counties Subcommittee - February 22, 2022

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House Cities & Counties Subcommittee House Hearing Room 3

A

Good morning and welcome members and guests to city and county subcommittee, the committee will be in order. Mr hutchinson, please take the role thanks chairman.

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Coffey representative chisholm chairman crawford leader, gam chairman helton representative miller, vice chairman wright, sherman moon president.

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Mr chairman, you have a quorum, we do have a quorum and before we begin do we have any announcements or personal orders seeing them we'll begin with our calendar. First item up is house bill 2130 by speaker marsh. We have. We have a motion and a second speaker pro tim marsha. You are recognized on house bill 2130, sir.

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Thank you, mr chairman. This bill is brought by the treasury department to update the safeguards for the local government investment pool the lgip.

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The fund allows local governments to invest their idle funds with the state's investment pool, which is managed by the treasury.

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This bill gives a treasurer authority to create agreements with local governments, adding certain safeguards common to investing contracts with private banks. It allows the treasury to apply any negative market returns to a participant account in the event of a market downturn.

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Additionally, this bill authorizes the treasury to use fees from the fund to pay for any systems, upgrades or operational costs without I'll answer. Any questions.

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You've heard the bill explanation or the questions from the members seeing none is their objection to the question. Hearing. No objection, we're now voting on house bill, 2130, all in favor, say aye opposed, say no eyes have it house bill 2130 moves the next available calendar local government. Thank you, mr chairman.

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We'll pause for just a moment, chairman hicks is gaveling in a another committee at this time. We'll take a couple of moments.

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While we're waiting on chairman hicks we'll roll him two spots, the next item is 2829 by representative parkson. There's been a request to roll this bill for two weeks. Without objection we have a motion. Do we have a second? We have a motion, a second to rule roll this bill, 28 29 for two weeks, all in favor, say aye opposed, say no 28 29's roll for two weeks.

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The next bill up is house bill 1949 by representative darby, there's been a request to roll this for two weeks without objection. Hearing no objection, we'll roll house bill 1949 for two weeks now we have uh house bill 2264 by chairman hicks. Is there a motion on 2264.?

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We have a motion of second on house bill. 2264, chairman hicks, you're recognized.

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Thank you, mr chairman members, good morning house, bill 2264 would allow the development districts to meet the requirements using a new existing insurance policy. Under current statute, development districts must post a surety bond, which is designed to protect against the possible theft of public funds. So this is duplicative as they already hold insurance policies which cover these potential losses, and so again, that's what this would allow.

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Questions uh representative calf, you recognize, uh mr presenter. This would save the locals a lot of money and give the same protection. Is that correct chairman hicks.

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That is correct, sir. Just wanted to go on record. Thank you good bill. Thank.

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You chairman, any other question or comments, hearing, nones or objection of the question hearing, no objection, we're now voting on house bill, 2264, all in favor, say aye, aye, aye opposed, say no. The eyes prevail house bill 2264 goes to the next available calendar in local government.

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All right, thank you, chairman of members,.

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Next time on, the calendar is house bill 2232 by chair lady helton, to have a motion. We have a motion in a second on house bill, 22, 32., uh chair lady hilton. You are recognized.

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Thank you, mr chairman committee house, bill 2232 requires the county commissioners of counties seeking to change boundary lines, to consider the potential impact to all relevant departments. Before adopting the resolution to request legislation to change the county boundary lines.

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Questions on the bill comments on the bill, chair, lady helton, the real intent or why this bill is coming forward, is communication.

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Yes, mr chairman,.

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Any other questions or comments is there objection to the question hearing, no objection, we're voting on house bill, 2232, all in favor, say aye aye opposed, say no, the eyes have it house bill 2232 moves the next available calendar local government. The next item is house bill 2384 by leader gant. Is there a motion.

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Have motion we have a second, we have a motion in a second on house bill, 2384. leader, gant, you're, recognized.

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Mr chairman, I'm going to roll that one week.

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Leader gantt request: we roll 2384 one week. Is there objection hearing no objection house bill? 2384 is roll one week.

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The next item on the calendar is house bill 2393 by moon.

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Item number seven today house bill 2393 by chairman moon. Do I have a motion motion and second chairman you're, recognized on 23.93.

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Thank you chairman crawford. This bill is brought to me by the comptroller's office and it has to do with biennial audits. Different from bi-annual audits means that audits are done. The code currently says every two years in the report is published in the newspaper general circulation.

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This bill removes biennial audits because all counties are doing annual audits. Additionally in and I'm incorrect we're looking at municipalities we're not in title five, we're in municipalities.

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Right now about 45 percent of municipal government's audits are late. The second part of this bill would give the authority to the comptroller's office to allow them to assist with preparing data for their annual audit. So it's a pretty straightforward bill. It eliminates outdated unused uh language and it provides a way to hopefully prevent municipalities from filing the audits, late, I'll stand for any question. Mr chairman, any.

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Question for the sponsor objection to the question: seeing none we're ready to vote on house bill 2393 all in favor, please say aye. Those opposed no bill moves on to local government.

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Thank you, mr chairman,.

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At this time, I'll turn the gavel back over to the chairman.

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That concludes today's calendar. Are there any announcements chairman crawford, you recognized, sir. I think you.

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Just wanted to remind everybody that we do have local full government today house hearing room 1 at 12.. Thank you, sir.

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Any other announcements is there. Is there objection to adjournment hearing, no objection? We are adjourned.

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