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SB2692Introduced in the Senate

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; 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.

Passed

Introduced by Jack Johnson, District 27

What does this bill do?

Plain-English breakdown

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Official description

As enacted, authorizes the state to issue and sell bonds.

Where it stands

Effective date(s) 05/19/2026

May 27, 2026

How did lawmakers vote?

House votes

1 recorded vote · each counted separately

Senate votes

2 recorded votes · each counted separately

SenateStage: FLOOR VOTE: Third Consideration · April 16, 2026

31

Yes

0

No

0

Absent or Not Voting

31 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?

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See how each senator voted

Bill history

  1. Filed for introduction

  2. Introduced, Passed on First Consideration

  3. Passed on Second Consideration, refer to Senate Finance, Ways & Means Committee

  4. Placed on Senate Finance, Ways, and Means Committee calendar for 4/14/2026

  5. Action deferred in Senate Finance, Ways, and Means Committee to 4/15/2026

  6. Placed on Senate Finance, Ways, and Means Committee calendar for 4/15/2026

  7. Recommended for passage, refer to Senate Calendar Committee

  8. Placed on Senate Regular Calendar 2 for 4/16/2026

  9. Passed Senate, Ayes 31, Nays 0

  10. Engrossed; ready for transmission to House

  11. Subst. for comp. HB.

  12. Passed H., Ayes 95, Nays 0, PNV 0

  13. Sponsor(s) Added.

  14. Enrolled and ready for signatures

  15. Signed by Senate Speaker

  16. Signed by H. Speaker

  17. Transmitted to Governor for action.

  18. Signed by Governor.

  19. Pub. Ch. 989

  20. Effective date(s) 05/19/2026

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