---
type: "Bill"
title: "Real Property - As enacted, prohibits certain foreign ownership of real property in this state by nonresident aliens and foreign entities if certain conditions are met. - Amends TCA Title 43; Title 44; Title 47; Title 48 and Title 66."
description: "Real Property - As enacted, prohibits certain foreign ownership of real property in this state by nonresident aliens and foreign entities if certain conditions are met. - Amends TCA Title 43; Title 44; Title 47; Title 48 and Title 66."
jurisdiction: "us/states/tn"
legislature: "Tennessee General Assembly"
session: "113"
identifier: "HB 40"
citation: "Tennessee HB 40 (113)"
classification: ["bill"]
subjects: ["Real Property"]
status: "enacted"
primary_sponsors: ["Reedy"]
version_count: 3
action_count: 42
vote_count: 14
first_action: "2023-01-09"
last_action: "2023-05-18"
source: "openstates"
source_identifier: "ocd-bill/bc9cb118-e89c-4504-9110-95c376b0e90b"
source_url: "http://wapp.capitol.tn.gov/apps/BillInfo/default.aspx?BillNumber=HB0040&GA=113"
source_hash: "d4102cdd612c8dcf0c2eb7a0ef4a8e843ff5ad70a362fca136b434c0e16b0ad5"
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 HB 40 (113) — Real Property - As enacted, prohibits certain foreign ownership of real property in this state by nonresident aliens and foreign entities if certain conditions are met. - Amends TCA Title 43; Title 44; Title 47; Title 48 and Title 66.

## Version chain

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

1. **Amendment HA0048** (committee substitute) — [source](https://www.capitol.tn.gov/Bills/113/Amend/HA0048.pdf)
2. **Amendment SA0285** (committee substitute) — [source](https://www.capitol.tn.gov/Bills/113/Amend/SA0285.pdf)
3. **Current Version** (committee substitute) — [source](https://www.capitol.tn.gov/Bills/113/Bill/HB0040.pdf)

## Votes

- HOUSE FINANCE, WAYS, AND MEANS COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee 4/18/2023 — **0–0** (pass) · lower
- HOUSE FINANCE, WAYS, AND MEANS COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee 4/18/2023 (2) — **0–0** (pass) · lower
- HOUSE FINANCE, WAYS, AND MEANS SUBCOMMITTEE: Rec. for pass by s/c ref. to Finance, Ways, and Means Committee 4/18/2023 (4) — **0–0** (pass) · lower
- HOUSE FINANCE, WAYS, AND MEANS SUBCOMMITTEE: Rec. for pass by s/c ref. to Finance, Ways, and Means Committee 4/18/2023 (3) — **0–0** (pass) · lower
- FLOOR VOTE: REGULAR CALENDAR PREVIOUS QUESTION AS AMENDED PASSAGE ON THIRD CONSIDERATION 4/21/2023 Passed — **69–24** (pass) · lower
- HOUSE FINANCE, WAYS, AND MEANS SUBCOMMITTEE: Rec. for pass by s/c ref. to Finance, Ways, and Means Committee 4/18/2023 — **0–0** (pass) · lower
- FLOOR VOTE: REGULAR CALENDAR AS AMENDED PASSAGE ON THIRD CONSIDERATION 4/21/2023 Passed (1) — **72–18** (pass) · lower
- FLOOR VOTE: MESSAGE CALENDAR 3 CONCUR IN SENATE AMENDMENT # 1 4/21/2023 Passed — **83–6** (pass) · lower
- FLOOR VOTE: as Amended Third Consideration 4/21/2023 Passed (1) — **22–4** (pass) · upper
- HOUSE PROPERTY & PLANNING SUBCOMMITTEE: Rec for pass if am by s/c ref. to Local Government Committee 2/22/2023 — **0–0** (fail) · lower
- HOUSE FINANCE, WAYS, AND MEANS COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee 4/18/2023 (3) — **0–0** (pass) · lower
- HOUSE LOCAL GOVERNMENT COMMITTEE: Rec. for pass. if am., ref. to Finance, Ways, and Means Committee 2/28/2023 — **0–0** (pass) · lower
- HOUSE CALENDAR & RULES COMMITTEE: H. Placed on Regular Calendar for 4/20/2023 4/18/2023 (2) — **0–0** (fail) · lower
- HOUSE CALENDAR & RULES COMMITTEE: H. Placed on Regular Calendar for 4/20/2023 4/18/2023 — **0–0** (fail) · lower

## Sponsors

- Reedy — primary (person)

## Timeline

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

- **2023-01-09** Filed for introduction `filing`
- **2023-01-10** Intro., P1C. `introduction`
- **2023-01-11** P2C held on desk, pending appointment of Standing Committees
- **2023-01-12** Assigned to s/c Property & Planning Subcommittee `referral-committee`
- **2023-01-12** Ref. to Local Government Committee `referral-committee`
- **2023-01-21** Sponsor(s) Added. `sponsorship`
- **2023-02-01** Sponsor(s) Added. `sponsorship`
- **2023-02-01** Placed on s/c cal Property & Planning Subcommittee for 2/8/2023
- **2023-02-08** Action Def. in s/c Property & Planning Subcommittee to 2/22/2023
- **2023-02-15** Placed on s/c cal Property & Planning Subcommittee for 2/22/2023
- **2023-02-15** Sponsor(s) Added. `sponsorship`
- **2023-02-22** Placed on cal. Local Government Committee for 2/28/2023
- **2023-02-22** Sponsor(s) Added. `sponsorship`
- **2023-02-22** Rec for pass if am by s/c ref. to Local Government Committee `referral-committee`
- **2023-02-28** Rec. for pass. if am., ref. to Finance, Ways, and Means Committee `committee-passage-favorable`
- **2023-03-01** Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/8/2023
- **2023-03-01** Assigned to s/c Finance, Ways, and Means Subcommittee `referral-committee`
- **2023-03-08** Placed behind the budget
- **2023-03-13** Sponsor(s) Added. `sponsorship`
- **2023-04-12** Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/18/2023
- **2023-04-18** H. Placed on Regular Calendar for 4/20/2023
- **2023-04-18** Placed on cal. Calendar & Rules Committee for 4/18/2023
- **2023-04-18** Rec. for pass; ref to Calendar & Rules Committee `committee-passage-favorable`
- **2023-04-18** Placed on cal. Finance, Ways, and Means Committee for 4/18/2023
- **2023-04-18** Rec. for pass by s/c ref. to Finance, Ways, and Means Committee `committee-passage-favorable`
- **2023-04-21** H. concurred in S. am. no. SA1 Ayes 83, Nays 6 PNV 1 HB0040
- **2023-04-21** H. Placed on Message Calendar #3 for 4/21/2023
- **2023-04-21** Passed Senate as amended, Ayes 22, Nays 4 `passage`
- **2023-04-21** Senate adopted Amendment (Amendment 1 - SA0285)
- **2023-04-21** Senate substituted House Bill for companion Senate Bill. `substitution`
- **2023-04-21** Received from House, Passed on First Consideration `introduction`
- **2023-04-21** Engrossed; ready for transmission to Sen. `receipt`
- **2023-04-21** Passed H., as am., Ayes 72, Nays 18, PNV 0 `passage`
- **2023-04-21** Sponsor(s) Added. `sponsorship`
- **2023-04-21** H. adopted am. (Amendment 1 - HA0048) `amendment-passage`
- **2023-04-25** Enrolled; ready for sig. of H. Speaker. `enrolled`
- **2023-04-28** Signed by H. Speaker `passage`
- **2023-05-03** Signed by Senate Speaker `passage`
- **2023-05-04** Transmitted to Governor for his action. `executive-receipt`
- **2023-05-11** Signed by Governor. `executive-signature`
- **2023-05-18** Effective date(s) 07/01/2023
- **2023-05-18** Pub. Ch. 369

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/bc9cb118-e89c-4504-9110-95c376b0e90b`. Confidence: reported (aggregated from official Tennessee legislature records).