Tennessee Senate Bill 1120: Contracts - As introduced, requires that contracts entered into between a personal seat license (PSL) holder of 10 or more years and a professional sports franchise for the purchase of a subsequent PSL with an upgraded or improved seating classification include a provision that enables the PSL holder to purchase the subsequent PSL for the same price as the previous PSL; applies to all contracts for subsequent PSL purchases entered into for seating at stadiums in certain counties on or after the effective date of the act. - Amends TCA Title 7; Title 9; Title 16; Title 47 and Title 67.

Tennessee · 114 session

Status: In committee

What it does

As introduced, requires that contracts entered into between a personal seat license (PSL) holder of 10 or more years and a professional sports franchise for the purchase of a subsequent PSL with an upgraded or improved seating classification include a provision that enables the PSL holder to purchase the subsequent PSL for the same price as the previous PSL; applies to all contracts for subsequent PSL purchases entered into for seating at stadiums in certain counties on or after the effective date of the act. - Amends TCA Title 7; Title 9; Title 16; Title 47 and Title 67.

Latest action

Assigned to General Subcommittee of Senate Commerce and Labor Committee (2025-03-18)

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