A bill scheduled to be heard by the House Commerce Committee on Tuesday would enter Tennessee into an interstate compact with Arkansas and Mississippi for the greater Memphis region, creating a quasi-governmental and public entity of unelected commissioners that will be vested with very broad powers, including eminent domain and condemnation of any and all rights or property.
If enacted, the legislation would create the RegionSmart Development District (District) and the RegionSmart Development (RegionSmart Development) Agency of the Greater Memphis Region.
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