TN SB3217 | 2011-2012 | 107th General Assembly
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on May 15 2012 - 100% progression
Action: 2012-05-15 - Pub. Ch. 942
Text: Latest bill text (Draft #1) [PDF]
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on May 15 2012 - 100% progression
Action: 2012-05-15 - Pub. Ch. 942
Text: Latest bill text (Draft #1) [PDF]
Summary
As enacted, changes requirements for federal home loan banks in regard to the issuance of letters of credit as eligible collateral for public funds to require that the banks be rated "investment grade" by at least one nationally recognized securities rating service instead of being rated in the highest category by at least two nationally recognized securities rating services. - Amends TCA Section 9-4-103(9)(A).
Title
As enacted, changes requirements for federal home loan banks in regard to the issuance of letters of credit as eligible collateral for public funds to require that the banks be rated "investment grade" by at least one nationally recognized securities rating service instead of being rated in the highest category by at least two nationally recognized securities rating services. - Amends TCA Section 9-4-103(9)(A).
Sponsors
Roll Calls
2012-04-19 - House - FLOOR VOTE: PASSAGE ON THIRD CONSIDERATION (Y: 95 N: 0 NV: 0 Abs: 0) [PASS]
2012-03-26 - Senate - FLOOR VOTE: MOTION TO ADOPT (Y: 30 N: 0 NV: 0 Abs: 0) [PASS]
2012-03-20 - Senate - S. C,L&A COMM.: Recommended for passage - refer to: S. Cal. Comm. (Y: 9 N: 0 NV: 0 Abs: 0) [PASS]
2012-03-26 - Senate - FLOOR VOTE: MOTION TO ADOPT (Y: 30 N: 0 NV: 0 Abs: 0) [PASS]
2012-03-20 - Senate - S. C,L&A COMM.: Recommended for passage - refer to: S. Cal. Comm. (Y: 9 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2012-05-15 | Pub. Ch. 942 | |
| 2012-05-15 | Effective date(s) 05/10/12 | |
| 2012-05-10 | Signed by Governor | |
| 2012-04-30 | Transmitted to Gov. for action | |
| 2012-04-25 | Signed by H. Speaker | |
| 2012-04-24 | Signed by S. Speaker | |
| 2012-04-19 | Enrolled and ready for signatures | |
| 2012-04-19 | Passed H., Ayes 95, Nays 0 | |
| 2012-04-19 | Subst. for comp. HB. | |
| 2012-03-28 | Rcvd. from S., held on H. desk. | |
| 2012-03-26 | Engrossed; ready for transmission to House | |
| 2012-03-26 | Passed S., Ayes 30, Nays 0 | |
| 2012-03-22 | Placed on Senate Consent Calendar 2 cal. for 3/26/2012 | |
| 2012-03-20 | Rec. For Pass. ref. to: S. Cal. Comm. | |
| 2012-03-14 | Placed on S. C,L&A Comm. cal. for 3/20/2012 | |
| 2012-03-13 | Action Def. in S. C,L&A Comm. to 3/20/2012 | |
| 2012-03-09 | Placed on S. C,L&A Comm. cal. for 3/13/2012 | |
| 2012-02-01 | P2C, ref. to S. C,L&A Comm. | |
| 2012-01-30 | Intro., P1C. | |
| 2012-01-26 | Filed for intro. |
Same As/Similar To
HB3602 (Crossfiled) 2012-05-15 - Comp. became Pub. Ch. 942
