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Committee approves amendment to cut Tennessee Technology Development Corp. board to 15 members
Summary
The Government Operations Committee adopted an amendment to reduce the Tennessee Technology Development Corporation board to 15 members, set meeting frequency and term staggering, and forwarded the bill with an 8-0 roll call to the Commerce Committee.
Chairman Watson explained an amendment (drafting code 013298) that would reduce the Tennessee Technology Development Corporation board to 15 members, apportioned as 10 private-sector seats and 5 public-sector seats, with the Commissioner of Economic Community Development serving ex officio. "It will reduce the number to 15," the sponsor said during the presentation.
The amendment also staggers terms to reach maturity, requires the board to meet four times per calendar year with at least one in-person meeting, and directs representation across Tennessee's three grand divisions. The committee adopted the amendment by voice vote and then approved the bill on a roll-call vote (8 ayes). The measure moves to the Commerce Committee for further consideration.
