Tennessee Senate Joint Resolution 34 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 12 2023 - 25% progression, died in chamber
Action: 2023-04-06 - Re-refer to Senate Cal. Comm.
Text: Latest bill text (Draft #1) [PDF]

Proposes an amendment to Article II, Section 31 of the Constitution of Tennessee authorizing the governing body or state official charged with carrying out the purpose or objectives of a fund or trust that is administered or invested by the Treasury and that contains state funds, in whole or in part, to adopt, with approval of the Treasurer and the Comptroller of the Treasury, an investment policy to authorize all or part of such fund or trust to be invested such that the state would become an owner, in whole or in part, of any bank or a stockholder with others in any association, company, or corporation.

A RESOLUTION to propose an amendment to Article II, Section 31 of the Constitution of Tennessee, to allow the investment of state funds in equities.

Sen. Ferrell Haile [R]

Sen. Ken Yager [R]

2023-04-06 - Senate - FLOOR VOTE: Motion to Adopt Third and Final Reading (Y: 17 N: 16 NV: 0 Abs: 0) [FAIL]
2023-03-30 - Senate - FLOOR VOTE: Motion to Adopt (Y: 31 N: 0 NV: 0 Abs: 0) [PASS]
2023-03-21 - Senate - SENATE JUDICIARY COMMITTEE: Recommended for adoption by Senate Judiciary Committee, refer Senate Calendar Committee (Y: 9 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2023-04-06	Senate	Re-refer to Senate Cal. Comm.
2023-04-06	Senate	Failed to adopt, Ayes 17, Nays 16
2023-04-05	Senate	Senate Reset on calendar for 4/6/2023
2023-04-04	Senate	Placed on Senate Regular Calendar for 4/6/2023
2023-04-03	Senate	Placed on Senate Regular Calendar for 4/5/2023
2023-04-03	Senate	Senate Reset on calendar for 4/5/2023
2023-03-31	Senate	Placed on Senate Regular Calendar for 4/3/2023
2023-03-30	Senate	Senate Reset on calendar for 4/3/2023
2023-03-28	Senate	Placed on Senate Consent Calendar 2 for 3/30/2023
2023-03-24	Senate	Placed on Senate Consent Calendar 2 for 3/27/2023
2023-03-21	Senate	Recommended for adoption by Senate Judiciary Committee, refer Senate Calendar Committee
2023-03-15	Senate	Placed on Senate Judiciary Committee calendar for 3/21/2023
2023-03-13	Senate	Sponsor(s) Added.
2023-01-21	Senate	Passed on Second Consideration, refer to Senate Judiciary Committee
2023-01-20	Senate	Introduced, Passed on First Consideration
2023-01-12	Senate	Filed for introduction

Type	Source
Summary	https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SJR0034&ga=113
Text	https://www.capitol.tn.gov/Bills/113/Bill/SJR0034.pdf
Supplement	https://www.capitol.tn.gov/Bills/113/Fiscal/SJR0034.pdf
Roll Call	https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SJR0034&ga=113