TN SB1851 | 2023-2024 | 113th General Assembly
Status
Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on January 23 2024 - 25% progression
Action: 2024-04-16 - Placed on Senate Finance, Ways, and Means Committee calendar for 4/16/2024
Text: Latest bill text (Draft #1) [PDF]
Status: Introduced on January 23 2024 - 25% progression
Action: 2024-04-16 - Placed on Senate Finance, Ways, and Means Committee calendar for 4/16/2024
Text: Latest bill text (Draft #1) [PDF]
Summary
As introduced, authorizes the state, acting by resolution of its funding board, to issue and sell its bonds and bond anticipation notes for certain purposes.
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
| Date | Chamber | Action |
|---|---|---|
| 2024-04-16 | Senate | Placed on Senate Finance, Ways, and Means Committee calendar for 4/16/2024 |
| 2024-04-11 | Senate | Placed on Senate Finance, Ways, and Means Committee calendar for 4/15/2024 |
| 2024-04-11 | Senate | Rule #83(8) Suspended, to be heard in Senate Finance, Ways, and Means Committee for 4/16/2024 |
| 2024-01-25 | Senate | Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee |
| 2024-01-24 | Senate | Introduced, Passed on First Consideration |
| 2024-01-23 | Senate | Filed for introduction |
Same As/Similar To
HB1705 (Crossfiled) 2024-01-10 - Assigned to s/c Finance, Ways, and Means Subcommittee
