Tennessee § 6-54-124 - Community development block grant funds — Payments in lieu of property taxes — Reports of expenditures.
Full text of Tennessee Tennessee Code Annotated § 6-54-124 — Community development block grant funds — Payments in lieu of property taxes — Reports of expenditures., with citation guidance and answers to common questions.
§ 6-54-124. Community development block grant funds — Payments in lieu of property taxes — Reports of expenditures.
A municipality that is the recipient of community development block grant funds shall make a report concerning the expenditure of such funds. The municipality shall place a copy of such report in the main branch of the public library located within the boundaries of the municipality. A municipality that permits access to public information through the Internet may also place such report on the municipality's homepage. A municipality or an industrial development corporation formed by such municipality that is a party to an agreement that involves a payment in lieu of property taxes shall make a report concerning such agreement and the expenditure of such funds. The municipality shall place a copy of such report in the main branch of the public library located within the boundaries of the municipality. A municipality that permits access to public information through the Internet may also place such report on the municipality's homepage. Acts 1997, ch. 447, § 1.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 6-54-124
What does Tennessee Code Annotated § 6-54-124 cover?
Section 6-54-124 ("Community development block grant funds — Payments in lieu of property taxes — Reports of expenditures.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 6-54-124?
A common citation format is "Tennessee Code Annotated § 6-54-124" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 6-54-124 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.