49-7-132 - Approval of expenditures by state building commission. - Tennessee Statutes

49-7-132. Approval of expenditures by state building commission.

Any expenditure or combination of separate expenditures in excess of one hundred thousand dollars ($100,000), or any subsequent threshold established by the state building commission, made in any six-month period on a single building or structure owned or leased by a state institution of higher education or governing board of the institution shall be subject to the approval of the state building commission.

[Acts 2004, ch. 807, § 1.]