TN SB0040 | 2025-2026 | 114th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 7 2025 - 25% progression
Action: 2025-01-14 - Introduced, Passed on First Consideration
Text: Latest bill text (Draft #1) [PDF]
Status: Introduced on January 7 2025 - 25% progression
Action: 2025-01-14 - Introduced, Passed on First Consideration
Text: Latest bill text (Draft #1) [PDF]
Summary
As introduced, enacts the "Employee Ownership, Empowerment, and Expansion Act" to support the growth and expansion of employee-owned businesses. - Amends TCA Title 4; Title 8; Title 9; Title 12, Chapter 3; Title 45; Title 50; Title 56, Chapter 1 and Title 67.
Title
AN ACT to amend Tennessee Code Annotated, Title 4; Title 8; Title 9; Title 12, Chapter 3; Title 45; Title 50; Title 56, Chapter 1 and Title 67, relative to employee-owned businesses.
Sponsors
| Sen. Page Walley [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2025-01-14 | Senate | Introduced, Passed on First Consideration |
| 2025-01-07 | Senate | Filed for introduction |
Subjects
Tennessee State Sources
| Type | Source |
|---|---|
| Summary | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB0040&ga=114 |
| Text | https://www.capitol.tn.gov/Bills/114/Bill/SB0040.pdf |
