Prior to offering any grants under a program developed by the local government, the local government shall submit the grant program to the attorney general and reporter for the review and approval of the attorney general and reporter to ensure the grants will not be offered in an arbitrary and capricious manner and in no way violate:
(1) Constitutional requirements of Tennessee Constitution, Article II, § 28 requiring equal and uniform taxation of property; and
(2) Section 29-17-102(2).