Tennessee Senate Bill 117 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 11 2023 - 25% progression, died in committee
Action: 2023-04-18 - Assigned to General Subcommittee of Senate Finance, Ways, and Means Committee
Pending: Senate Finance, Ways and Means Committee
Text: Latest bill text (Draft #2) [PDF]

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.

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.

Sen. Bo Watson [R]

Date	Chamber	Action
2023-04-18	Senate	Assigned to General Subcommittee of Senate Finance, Ways, and Means Committee
2023-04-13	Senate	Placed on Senate Finance, Ways, and Means Committee calendar for 4/18/2023
2023-01-20	Senate	Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee
2023-01-12	Senate	Introduced, Passed on First Consideration
2023-01-11	Senate	Filed for introduction

HB0147 (Crossfiled) 2023-01-24 - Assigned to s/c Finance, Ways, and Means Subcommittee

Type	Source
Summary	https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB0117&ga=113
Text	https://www.capitol.tn.gov/Bills/113/Bill/SB0117.pdf
Supplement	https://www.capitol.tn.gov/Bills/113/Fiscal/SB0117.pdf