TN HB1410

The Tennessee Technology Corridor Development Authority

Passed House Jason Zachary (R)
Plain English Summary

Tennessee HB1410 is a bill that, if approved by local authorities, will repeal the existing Tennessee Technology Development Authority Act. This legislation amends a previous private act from 1983 and its subsequent amendments, effectively dissolving the authority that was established to promote technology development in the state.

Supporters Say

Supporters of HB1410 argue that repealing the Tennessee Technology Development Authority Act will streamline and simplify the state's approach to technology development. They believe this move will allow for more efficient use of resources and foster a more innovative environment for businesses without the constraints of an outdated authority.

Critics Say

Critics of HB1410 contend that repealing the Tennessee Technology Development Authority Act could hinder the state's ability to effectively promote and support technology development initiatives. They fear that without this authority, Tennessee may fall behind in attracting tech businesses and investments, potentially stifling economic growth in the sector.

Conflict of Interest Analysis Personal Interests
3/10
Risk Level
Medium
Policy Area
Commerce, Communications, Technology
Industry Overlap
0%
Personal Conflicts
0 found

The bill HB1410 seeks to repeal the Tennessee Technology Development Authority Act, which could potentially impact the technology and communications sectors in Tennessee. Representative Jason Zachary, the bill's sponsor, has a background as a businessman and is the owner of Americomm, a company that could be broadly related to the bill's policy area of commerce, communications, and technology. While there is no direct evidence that Americomm would benefit from the repeal of the Tennessee Technology Development Authority Act, the alignment of Zachary's business interests in the communications sector with the bill's focus on technology and commerce suggests a potential indirect conflict of interest. Additionally, Zachary's role as a board member of the Tennessee Valley Corridor, which focuses on regional economic development, may further align his interests with the bill's potential impact on technology development in the region.

Sponsor's Personal Financial Interests

Unlike federal analysis based on campaign donations, state analysis examines legislators' personal financial interests — their jobs, businesses, and investments.

Type Description Industry Source
Occupation Businessman AI-researched
Employer Owner of Americomm AI-researched
Business Owner Owner of Americomm TN Legislature bio
Board Member Board Member of the Tennessee Valley Corridor TN Legislature bio
Employer ONECOMM TN Ethics Commission
Employer FIRST BAPTIST CONCORD TN Ethics Commission
Employer WINSHAPE FOUNDATION TN Ethics Commission
Business Owner FIRST BAPTIST CONCORD MODERATOR from Oct 2015 to Oct 2016 TN Ethics Commission
Business Owner VITAL FAMILIES BOARD MEMBER from Sep 2017 to Jan 2021 TN Ethics Commission
Business Owner FIRST BAPTIST CONCORD STEWARDSHIP COMMITTEE MEMBER from Oct 2018 to Oct 2021 TN Ethics Commission
Asset REGIONS BANK TN Ethics Commission
Asset FIDELITY Securities & Investment TN Ethics Commission
Asset SCHWAB TN Ethics Commission
Asset ROBINHOOD TN Ethics Commission
Asset Leadership PAC: ZAC PAC TN Ethics Commission

Items marked "AI-researched" are generated from public sources but have not been independently verified. Verified data is sourced from official legislature websites and disclosure filings.

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About This Analysis

This summary was generated using AI from the bill's official text and metadata. Data sourced from LegiScan and the Tennessee General Assembly. Conflict analysis examines the sponsor's personal financial interests for potential overlaps with the bill's subject matter.