State Government - As introduced, enacts the "No Corporate Land Giveaways Act." - Amends TCA Title 3; Title 4; Title 8 and Title 12.

SB 2038, the "No Corporate Land Giveaways Act," requires Tennessee state agencies to notify legislative leaders and local representatives 30 days before leasing or selling state-owned property to private companies for development. It mandates that such transfers cannot proceed without approval from the joint government operations committee within 30 days, or the deal is automatically denied. The bill directly affects state agencies like the commissioner of general services and the state capitol commission when handling land transactions with private entities. This procedural change aims to add legislative oversight to state land transfers, ensuring transparency before property is given to private developers.