Tennessee Senate Bill 534 (Prior Session Legislation)

---

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on May 4 2021 - 100% progression
Action: 2021-05-04 - Effective date(s) 4/28/2021
Text: Latest bill text (Chaptered) [PDF]

As enacted, requires that the annual budget of a local government be on the same basis of accounting as required by generally accepted accounting principles; requires the comptroller of the treasury provide guidance to the form of that budget, including supplemental schedules, as necessary, to demonstrate the local government has adequate cash to meet its current obligations, including principal and interest, as applicable; makes other revisions to provisions governing budgeting by local governments. - Amends TCA Section 4-3-305; Title 7; Title 9 and Title 68.

AN ACT to amend Tennessee Code Annotated, Section 4-3-305; Title 7; Title 9 and Title 68, relative to public finance.

Sen. Ferrell Haile [R]

2021-04-12 - House - FLOOR VOTE: PASSAGE ON THIRD CONSIDERATION (Y: 91 N: 2 NV: 0 Abs: 0) [PASS]
2021-03-08 - Senate - FLOOR VOTE: (Y: 30 N: 0 NV: 0 Abs: 0) [PASS]
2021-03-02 - Senate - SENATE STATE & LOCAL GOVERNMENT COMMITTEE: Recommended for passage, refer to Senate Calendar Committee (Y: 7 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2021-05-04		Effective date(s) 4/28/2021
2021-05-04		Pub. Ch. 256
2021-04-28	Senate	Signed by Governor.
2021-04-22	Senate	Transmitted to Governor for action.
2021-04-21	House	Signed by H. Speaker
2021-04-20	Senate	Signed by Senate Speaker
2021-04-14	Senate	Enrolled and ready for signatures
2021-04-12	House	Passed H., Ayes 91, Nays 2, PNV 0
2021-04-12	House	Subst. for comp. HB.
2021-03-11	House	Rcvd. from S., held on H. desk.
2021-03-08	Senate	Engrossed; ready for transmission to House
2021-03-08	Senate	Passed Senate, Ayes 31, Nays 0
2021-03-04	Senate	Placed on Senate Consent Calendar 2 for 3/8/2021
2021-03-02	Senate	Recommended for passage, refer to Senate Calendar Committee
2021-02-23	Senate	Placed on Senate State and Local Government Committee calendar for 3/2/2021
2021-02-11	Senate	Passed on Second Consideration, refer to Senate State and Local Government Committee
2021-02-10	Senate	Introduced, Passed on First Consideration
2021-02-08	Senate	Filed for introduction

HB0652 (Crossfiled) 2021-05-04 - Comp. became Pub. Ch. 256

Type	Source
Summary	https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB0534&ga=112
Text	https://www.capitol.tn.gov/Bills/112/Bill/SB0534.pdf
Text	https://publications.tnsosfiles.com/acts/112/pub/pc0256.pdf
Supplement	https://www.capitol.tn.gov/Bills/112/Fiscal/SB0534.pdf
Roll Call	https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB0534&ga=112