Economic and Community Development, Dept. of - As enacted, removes requirement that agencies receiving public funding to assist businesses with sales volumes of $200,000 or less, or with fewer than 15 employees, must annually file a report with the department detailing the agencies' success with assisting such businesses; removes requirement that the office of minority business enterprise, or other division, must file a report with the commissioner compiling the agencies' filed data and must annually report the results of the data to the general assembly. - Amends TCA Title 4, Chapter 3.