Municipal Government - As enacted, authorizes a certified municipal finance officer who is contracted with a municipality to provide financial oversight on behalf of the municipality to devote fewer than 16 hours per month to such duties, if the municipality seeks and receives written approval from the comptroller of the treasury. - Amends TCA Title 6, Chapter 56, Part 4.

HB 185 amends Tennessee law (TCA Title 6, Chapter 56, Part 4) to allow municipalities contracting with a certified municipal finance officer (CMFO) to seek written approval from the state comptroller of the treasury for that officer to work fewer than 16 hours per month on financial oversight duties. This directly affects municipalities that hire external CMFOs, providing flexibility in staffing requirements. The key provision requires annual written approval from the comptroller, valid for one year, which municipalities must renew each year. The change modifies the existing requirement that contracted CMFOs must devote a minimum of 16 hours monthly to oversight duties.