---
type: "Bill"
title: "Industrial Development - As enacted, creates an exception to the prohibition on an industrial development corporation purchasing a hotel, motel, or apartment building, if the project is a tourism attraction involving an aggregate investment of public and private funds in excess of $75 million. - Amends TCA Title 7, Chapter 53."
description: "Industrial Development - As enacted, creates an exception to the prohibition on an industrial development corporation purchasing a hotel, motel, or apartment building, if the project is a tourism attraction involving an aggregate investment of public and private funds in excess of $75 million. - Amends TCA Title 7, Chapter 53."
jurisdiction: "us/states/tn"
legislature: "Tennessee General Assembly"
session: "111"
identifier: "SB 1956"
citation: "Tennessee SB 1956 (111)"
classification: ["bill"]
subjects: ["Industrial Development"]
status: "enacted"
primary_sponsors: ["Jackson", "Todd"]
version_count: 1
action_count: 41
vote_count: 9
first_action: "2020-01-29"
last_action: "2020-07-02"
source: "openstates"
source_identifier: "ocd-bill/a83bbe09-8f8f-4de0-9133-a406d4d786ce"
source_url: "http://wapp.capitol.tn.gov/apps/BillInfo/default.aspx?BillNumber=SB1956&GA=111"
source_hash: "16be74b701eefa5d20c3ecbff979ed5e5f85c106a38663c7559d6c6e7517f946"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-tn"]
---

# Tennessee SB 1956 (111) — Industrial Development - As enacted, creates an exception to the prohibition on an industrial development corporation purchasing a hotel, motel, or apartment building, if the project is a tourism attraction involving an aggregate investment of public and private funds in excess of $75 million. - Amends TCA Title 7, Chapter 53.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Current Version** (committee substitute) — [source](http://www.capitol.tn.gov/Bills/111/Bill/SB1956.pdf)

## Votes

- FLOOR VOTE: CONSENT CALENDAR PASSAGE ON THIRD CONSIDERATION 6/16/2020 Passed (2) — **90–0** (pass) · lower
- HOUSE FINANCE, WAYS, AND MEANS COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee 6/15/2020 (4) — **0–0** (pass) · lower
- HOUSE PROPERTY & PLANNING SUBCOMMITTEE: Rec. for pass by s/c ref. to Local Committee 3/10/2020 (7) — **0–0** (pass) · lower
- FLOOR VOTE: PASSAGE ON THIRD CONSIDERATION 6/16/2020 Passed (1) — **90–0** (pass) · lower
- SENATE STATE & LOCAL GOVERNMENT COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 3/10/2020 Passed (2) — **7–0** (pass) · upper
- HOUSE CALENDAR & RULES COMMITTEE: H. Placed on Consent Calendar for 6/16/2020 6/15/2020 (3) — **0–0** (fail) · lower
- HOUSE LOCAL COMMITTEE: Rec. for pass; ref to Finance, Ways, and Means Committee 6/3/2020 (6) — **0–0** (pass) · lower
- FLOOR VOTE: Motion to Adopt 6/4/2020 Passed (1) — **32–0** (pass) · upper
- HOUSE FINANCE, WAYS, AND MEANS SUBCOMMITTEE: Rec. for pass by s/c ref. to Finance, Ways, and Means Committee 6/10/2020 (5) — **0–0** (pass) · lower

## Sponsors

- Jackson — primary (person)
- Todd — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2020-01-29** Filed for introduction `reading-1, introduction`
- **2020-01-29** Filed for introduction `reading-1, introduction`
- **2020-01-30** Introduced, Passed on First Consideration `introduction`
- **2020-01-30** Intro., P1C. `introduction`
- **2020-02-03** Passed on Second Consideration, refer to Senate State and Local Government Committee
- **2020-02-03** P2C, ref. to Local Committee `referral-committee`
- **2020-02-04** Assigned to s/c Property & Planning Subcommittee `referral-committee`
- **2020-02-25** Placed on Senate State and Local Government Committee calendar for 3/3/2020
- **2020-03-04** Placed on Senate State and Local Government Committee calendar for 3/10/2020
- **2020-03-04** Placed on s/c cal Property & Planning Subcommittee for 3/10/2020
- **2020-03-10** Recommended for passage, refer to Senate Calendar Committee
- **2020-03-10** Rec. for pass by s/c ref. to Local Committee `committee-passage-favorable`
- **2020-03-11** Placed on cal. Local Committee for 3/18/2020
- **2020-03-13** Placed on Senate Consent Calendar 2 for 3/16/2020
- **2020-03-16** Re-refer to Senate Cal. Comm.
- **2020-03-18** Meeting Canceled
- **2020-05-27** Placed on cal. Local Committee for 6/3/2020
- **2020-06-02** Placed on Senate Consent Calendar 2 for 6/4/2020
- **2020-06-03** Placed on s/c cal Finance, Ways, and Means Subcommittee for 6/10/2020
- **2020-06-03** Assigned to s/c Finance, Ways, and Means Subcommittee `referral-committee`
- **2020-06-03** Rec. for pass; ref to Finance, Ways, and Means Committee `committee-passage-favorable`
- **2020-06-04** Engrossed; ready for transmission to House
- **2020-06-04** Passed Senate, Ayes 32, Nays 0 `passage`
- **2020-06-08** Rcvd. from S., held on H. desk.
- **2020-06-10** Rec. for pass by s/c ref. to Finance, Ways, and Means Committee `committee-passage-favorable`
- **2020-06-11** Placed on cal. Finance, Ways, and Means Committee for 6/15/2020
- **2020-06-11** Placed on cal. Finance, Ways, and Means Committee for 6/11/2020
- **2020-06-15** H. Placed on Consent Calendar for 6/16/2020
- **2020-06-15** Placed on cal. Calendar & Rules Committee for 6/15/2020
- **2020-06-15** Rec. for pass; ref to Calendar & Rules Committee `committee-passage-favorable`
- **2020-06-16** Passed H., Ayes 90, Nays 0, PNV 0 `passage`
- **2020-06-16** Subst. for comp. HB.
- **2020-06-16** Comp. SB subst.
- **2020-06-17** Signed by H. Speaker
- **2020-06-17** Signed by Senate Speaker
- **2020-06-17** Enrolled and ready for signatures
- **2020-06-18** Transmitted to Governor for action.
- **2020-06-22** Signed by Governor. `executive-signature`
- **2020-07-02** Pub. Ch. 722
- **2020-07-02** Effective date(s) 06/22/2020
- **2020-07-02** Comp. became Pub. Ch. 722

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/a83bbe09-8f8f-4de0-9133-a406d4d786ce`. Confidence: reported (aggregated from official Tennessee legislature records).