TN SB0129 | 2023-2024 | 113th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 4-0)
Status: Passed on May 29 2024 - 100% progression
Action: 2024-05-29 - Effective date(s) 07/01/2024
Text: Latest bill text (Chaptered) [PDF]
Spectrum: Partisan Bill (Republican 4-0)
Status: Passed on May 29 2024 - 100% progression
Action: 2024-05-29 - Effective date(s) 07/01/2024
Text: Latest bill text (Chaptered) [PDF]
Summary
As enacted, prohibits the comptroller of the treasury, in determining whether a utility system is financially distressed, from considering the straight-line depreciation of an asset acquired or completed in the 12 calendar months preceding the audit, so long as the asset's depreciation is calculated in accordance with generally accepted accounting principles and if this prohibition is approved by a simple majority vote of the governing body of a utility system at a meeting of the governing body. - Amends TCA Title 4; Title 9; Title 65; Title 67 and Title 68.
Title
AN ACT to amend Tennessee Code Annotated, Title 4; Title 9; Title 65; Title 67 and Title 68, relative to utilities.
Sponsors
Roll Calls
2024-04-24 - House - FLOOR VOTE: REGULAR CALENDAR 2 PASSAGE ON THIRD CONSIDERATION (Y: 95 N: 1 NV: 0 Abs: 0) [PASS]
2024-04-17 - Senate - FLOOR VOTE: as Amended Third Consideration (Y: 30 N: 0 NV: 0 Abs: 0) [PASS]
2024-03-27 - Senate - SENATE STATE & LOCAL GOVERNMENT COMMITTEE: Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 9, Nays 0 PNV 0 (Y: 9 N: 0 NV: 0 Abs: 0) [PASS]
2024-04-17 - Senate - FLOOR VOTE: as Amended Third Consideration (Y: 30 N: 0 NV: 0 Abs: 0) [PASS]
2024-03-27 - Senate - SENATE STATE & LOCAL GOVERNMENT COMMITTEE: Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 9, Nays 0 PNV 0 (Y: 9 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-05-29 | Effective date(s) 07/01/2024 | |
| 2024-05-29 | Pub. Ch. 1004 | |
| 2024-05-28 | Senate | Signed by Governor. |
| 2024-05-16 | Senate | Transmitted to Governor for action. |
| 2024-05-15 | House | Signed by H. Speaker |
| 2024-05-09 | Senate | Signed by Senate Speaker |
| 2024-04-29 | Senate | Enrolled and ready for signatures |
| 2024-04-24 | House | Passed H., Ayes 95, Nays 1, PNV 0 |
| 2024-04-24 | House | Am. withdrawn. (Amendment 2 - HA1118) |
| 2024-04-24 | House | Am. withdrawn. (Amendment 1 - HA0989) |
| 2024-04-24 | House | Subst. for comp. HB. |
| 2024-04-18 | House | Rcvd. from S., held on H. desk. |
| 2024-04-17 | Senate | Engrossed; ready for transmission to House |
| 2024-04-17 | Senate | Placed on Senate Regular Calendar for 4/17/2024 |
| 2024-04-17 | Senate | Passed Senate as amended, Ayes 30, Nays 0 |
| 2024-04-17 | Senate | Amendment withdrawn. (Amendment 1 - SA0905) |
| 2024-04-17 | Senate | Senate adopted Amendment (Amendment 2 - SA1012) |
| 2024-04-16 | Senate | Placed on Senate Regular Calendar for 4/17/2024 |
| 2024-04-16 | Senate | Sponsor(s) Added. |
| 2024-04-15 | Senate | Senate Reset on calendar for 4/17/2024 |
| 2024-04-12 | Senate | Placed on Senate Regular Calendar for 4/15/2024 |
| 2024-03-28 | Senate | Sponsor(s) Added. |
| 2024-03-27 | Senate | Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 9, Nays 0 PNV 0 |
| 2024-03-27 | Senate | Sponsor(s) Added. |
| 2024-03-20 | Senate | Placed on Senate State and Local Government Committee calendar for 3/27/2024 |
| 2024-03-20 | Senate | Action deferred in Senate State and Local Government Committee to 3/26/2024 |
| 2024-03-19 | Senate | Placed on Senate State and Local Government Committee calendar for 3/20/2024 |
| 2024-03-19 | Senate | Action deferred in Senate State and Local Government Committee to 3/20/2024 |
| 2024-03-12 | Senate | Placed on Senate State and Local Government Committee calendar for 3/19/2024 |
| 2024-03-12 | Senate | Action deferred in Senate State and Local Government Committee to 3/19/2024 |
| 2024-03-05 | Senate | Placed on Senate State and Local Government Committee calendar for 3/12/2024 |
| 2024-03-05 | Senate | Action deferred in Senate State and Local Government Committee to 3/12/2024 |
| 2024-02-27 | Senate | Placed on Senate State and Local Government Committee calendar for 3/5/2024 |
| 2023-03-21 | Senate | Assigned to General Subcommittee of Senate State and Local Government Committee |
| 2023-03-14 | Senate | Placed on Senate State and Local Government Committee calendar for 3/21/2023 |
| 2023-03-14 | Senate | Action deferred in Senate State and Local Government Committee to 3/21/2023 |
| 2023-03-07 | Senate | Placed on Senate State and Local Government Committee calendar for 3/14/2023 |
| 2023-03-07 | Senate | Action deferred in Senate State and Local Government Committee to 3/14/2023 |
| 2023-02-28 | Senate | Placed on Senate State and Local Government Committee calendar for 3/7/2023 |
| 2023-01-20 | Senate | Passed on Second Consideration, refer to Senate State and Local Government Committee |
| 2023-01-12 | Senate | Introduced, Passed on First Consideration |
| 2023-01-11 | Senate | Filed for introduction |
Same As/Similar To
HB0526 (Crossfiled) 2024-05-29 - Comp. became Pub. Ch. 1004
