SB0518Introduced in the Senate
AN ACT to amend Tennessee Code Annotated, Section 7-34-111; Section 7-36-113; Section 7-82-501; Section 7-82-702; Section 68-221-1311 and Section 68-221-611, relative to utilities.
Introduced by Shane Reeves, District 14
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
As enacted, authorizes certain utility systems to borrow money in anticipation of revenue collections and to issue negotiable notes to evidence such borrowing to provide emergency cash flow for such systems, with oversight of such actions by the comptroller of the treasury; establishes deadline for the payment of such notes. - Amends TCA Section 7-34-111; Section 7-36-113; Section 7-82-501; Section 7-82-702; Section 68-221-1311 and Section 68-221-611.
Where it stands
Effective date(s) 07/01/2025
April 30, 2025
How did lawmakers vote?
SenateStage: FLOOR VOTE: Motion to Adopt · March 10, 2025
30
Yes
0
No
0
Absent or Not Voting
30 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
See how each senator voted
| Senator | District | Vote |
|---|---|---|
| Adam Lowe | 1 | Yes |
| Tom Hatcher | 2 | Yes |
| Rusty Crowe | 3 | Yes |
| Robert Harshbarger | 4 | Yes |
| Randy McNally | 5 | Yes |
| Becky Massey | 6 | Yes |
| Richard Briggs | 7 | Yes |
| Jessie Seal | 8 | Yes |
| Steve Southerland | 9 | Yes |
| Todd Gardenhire | 10 | Yes |
Bill history
Filed for introduction
Introduced, Passed on First Consideration
Passed on Second Consideration, refer to Senate State and Local Government Committee
Placed on Senate State and Local Government Committee calendar for 3/4/2025
Recommended for passage, refer to Senate Calendar Committee
Placed on Senate Consent Calendar 2 for 3/10/2025
Passed Senate, Ayes 30, Nays 0
Engrossed; ready for transmission to House
Rcvd. from S., held on H. desk.
Subst. for comp. HB.
Passed H., Ayes 93, Nays 0, PNV 2
Enrolled and ready for signatures
Signed by Senate Speaker
Signed by H. Speaker
Transmitted to Governor for action.
Signed by Governor.
Pub. Ch. 170
Effective date(s) 07/01/2025
Verify the information
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