AN ACT to amend Tennessee Code Annotated, Title 2, Chapter 10, relative to campaign finance.

As enacted, revises present law to designate as a political campaign committee for purposes of reporting expenditures pursuant to campaign finance laws a corporation that uses corporate funds, moneys, or credits for communications expressly supporting or opposing the election or defeat of a clearly identified candidate or elected official, and such funds, moneys, or credits are not used with the cooperation or with the prior consent of, or in consultation with, or at the request of, or suggestion of, a candidate or elected official or any agent or authorized committee of the candidate or elected official. - Amends TCA Title 2, Chapter 10.