Industrial Development - As introduced, removes restriction prohibiting county officers from serving on industrial development corporation boards; adds county assessor of property and county trustee as members of such boards. - Amends TCA Title 7, Chapter 53.

SB 697 removes a restriction that previously prevented county officers from serving on industrial development corporation (IDC) boards. It directly adds the county assessor of property and county trustee as ex officio non-voting members of these boards. The bill requires these two county officials to serve on IDC boards while their terms align with their elected county offices. This change ensures county-level representation on IDC boards without granting them voting power, affecting all Tennessee counties with active IDCs.