---
type: "Bill"
title: "Real Property - As enacted, requires a board of directors for a unit owners' association to either update a reserve study or conduct a reserve study if certain conditions are met. - Amends TCA Title 66, Chapter 27."
description: "Real Property - As enacted, requires a board of directors for a unit owners' association to either update a reserve study or conduct a reserve study if certain conditions are met. - Amends TCA Title 66, Chapter 27."
jurisdiction: "us/states/tn"
legislature: "Tennessee General Assembly"
session: "113"
identifier: "SB 863"
citation: "Tennessee SB 863 (113)"
classification: ["bill"]
subjects: ["Real Property"]
status: "enacted"
primary_sponsors: ["Reeves"]
version_count: 4
action_count: 25
vote_count: 3
first_action: "2023-01-31"
last_action: "2023-05-03"
source: "openstates"
source_identifier: "ocd-bill/b4315597-ecd4-4547-88ae-3a5f739c9574"
source_url: "http://wapp.capitol.tn.gov/apps/BillInfo/default.aspx?BillNumber=SB0863&GA=113"
source_hash: "a17c3780a33b9bc55a63d95e4ca0aee2b7ee15acf541978cd38c6947e443874d"
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 863 (113) — Real Property - As enacted, requires a board of directors for a unit owners' association to either update a reserve study or conduct a reserve study if certain conditions are met. - Amends TCA Title 66, Chapter 27.

## Version chain

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

1. **Amendment HA0205** (committee substitute) — [source](https://www.capitol.tn.gov/Bills/113/Amend/HA0205.pdf)
2. **Amendment HA0206** (committee substitute) — [source](https://www.capitol.tn.gov/Bills/113/Amend/HA0206.pdf)
3. **Amendment SA0296** (committee substitute) — [source](https://www.capitol.tn.gov/Bills/113/Amend/SA0296.pdf)
4. **Current Version** (committee substitute) — [source](https://www.capitol.tn.gov/Bills/113/Bill/SB0863.pdf)

## Votes

- FLOOR VOTE: as Amended Third Consideration 4/3/2023 Passed (1) — **24–5** (pass) · upper
- SENATE COMMERCE AND LABOR COMMITTEE: Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 9, Nays 0 PNV 0 3/21/2023 Passed (2) — **9–0** (pass) · upper
- FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION 4/6/2023 Passed (1) — **87–1** (pass) · lower

## Sponsors

- Reeves — primary (person)

## Timeline

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

- **2023-01-31** Filed for introduction `filing`
- **2023-02-02** Introduced, Passed on First Consideration `introduction`
- **2023-02-06** Passed on Second Consideration, refer to Senate Commerce and Labor Committee `passage`
- **2023-03-07** Placed on Senate Commerce and Labor Committee calendar for 3/14/2023
- **2023-03-14** Placed on Senate Commerce and Labor Committee calendar for 3/20/2023
- **2023-03-14** Action deferred in Senate Commerce and Labor Committee to 3/21/2023
- **2023-03-20** Placed on Senate Commerce and Labor Committee calendar for 3/21/2023
- **2023-03-20** Action deferred in Senate Commerce and Labor Committee to 3/21/2023
- **2023-03-21** Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 9, Nays 0 PNV 0
- **2023-03-31** Placed on Senate Regular Calendar for 4/3/2023
- **2023-04-03** Passed Senate as amended, Ayes 24, Nays 5, PNV 1 `passage`
- **2023-04-03** Senate adopted Amendment (Amendment 1 - SA0296)
- **2023-04-04** Engrossed; ready for transmission to House `receipt`
- **2023-04-06** Passed H., Ayes 87, Nays 1, PNV 2 `passage`
- **2023-04-06** Am. withdrawn. (Amendment 2 - HA0206) `amendment-withdrawal`
- **2023-04-06** Am. withdrawn. (Amendment 1 - HA0205) `amendment-withdrawal`
- **2023-04-06** Subst. for comp. HB. `substitution`
- **2023-04-06** Rcvd. from S., held on H. desk.
- **2023-04-10** Signed by Senate Speaker `passage`
- **2023-04-10** Enrolled and ready for signatures `enrolled`
- **2023-04-11** Signed by H. Speaker `passage`
- **2023-04-12** Transmitted to Governor for action. `executive-receipt`
- **2023-04-24** Signed by Governor. `executive-signature`
- **2023-05-03** Effective date(s) 01/01/2024
- **2023-05-03** Pub. Ch. 205

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/b4315597-ecd4-4547-88ae-3a5f739c9574`. Confidence: reported (aggregated from official Tennessee legislature records).