TN HB1152 | 2021-2022 | 112th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 5-0)
Status: Passed on May 19 2021 - 100% progression
Action: 2021-05-19 - Comp. became Pub. Ch. 455
Text: Latest bill text (Chaptered) [PDF]

Summary

As enacted, authorizes the state to issue and sell bonds of up to $126 million.

Tracking Information

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Title

AN ACT to authorize the state of Tennessee, acting by resolutions of its funding board, to issue and sell its bonds and bond anticipation notes to provide for acquisition of equipment and sites, and erection, construction, and equipment of sites and buildings, expressly including the acquisition of existing structures for expansion, improvements, betterments, and extraordinary repairs to existing structures, for construction of highways, and repair, replacement, or rehabilitation of bridges, and for grants to any county, metropolitan government, incorporated town, city, special district of the state, or any governmental agency or instrumentality of any of them; to make grants to industrial development corporations to provide for acquisition of equipment and acquisition, site preparation, erection, construction, and equipment of sites and buildings; and infrastructure improvements and development; and to provide for the expenditure of said funds; to issue its debt in excess of the authorized amount to fund discount and costs of issuance; and to provide for the expenditure of said funds. This act makes appropriations for an indefinite period of time for the purpose of allocating the proceeds of the bonds and notes authorized by this act.

Sponsors


History

DateChamberAction
2021-05-19 Comp. became Pub. Ch. 455
2021-04-29HouseComp. SB subst.
2021-04-28HouseH. Placed on Appropriations Calendar for 4/29/2021
2021-04-28HousePlaced on cal. Calendar & Rules Committee for 4/28/2021
2021-04-28HouseRec. for pass; ref to Calendar & Rules Committee
2021-04-28HousePlaced on cal. Finance, Ways, and Means Committee for 4/28/2021
2021-04-28HouseRec. for pass by s/c ref. to Finance, Ways, and Means Committee
2021-04-21HousePlaced on s/c cal Finance, Ways, and Means Subcommittee for 4/27/2021
2021-02-24HouseAssigned to s/c Finance, Ways, and Means Subcommittee
2021-02-24HouseP2C, ref. to Finance, Ways, and Means Committee
2021-02-22HouseIntro., P1C.
2021-02-10HouseFiled for introduction

Same As/Similar To

SB0910 (Crossfiled) 2021-05-19 - Effective date(s) 05/17/2021

Subjects


Tennessee State Sources


Bill Comments

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