---
type: "Bill"
title: "Comptroller, State - As enacted, clarifies that the Local Government Modernization Act of 2005 creates an ongoing, rather than one-time, duty of the comptroller of the treasury to ensure local governments are in compliance with the accounting and financial reporting standards established by the Governmental Accounting Standards Board. - Amends TCA Title 9, Chapter 3, Part 4."
description: "Comptroller, State - As enacted, clarifies that the Local Government Modernization Act of 2005 creates an ongoing, rather than one-time, duty of the comptroller of the treasury to ensure local governments are in compliance with the accounting and financial reporting standards established by the Governmental Accounting Standards Board. - Amends TCA Title 9, Chapter 3, Part 4."
jurisdiction: "us/states/tn"
legislature: "Tennessee General Assembly"
session: "110"
identifier: "SB 1481"
citation: "Tennessee SB 1481 (110)"
classification: ["bill"]
subjects: ["Comptroller", "State"]
status: "enacted"
primary_sponsors: ["Swann", "Vaughan"]
version_count: 1
action_count: 30
vote_count: 3
first_action: "2018-01-09"
last_action: "2018-03-07"
source: "openstates"
source_identifier: "ocd-bill/67a7d8aa-4bac-4f37-9c27-4c7bacac846a"
source_url: "http://wapp.capitol.tn.gov/apps/BillInfo/default.aspx?BillNumber=SB1481&GA=110"
source_hash: "10217e367270d1dc7af9b1925b7e3b5b995993fbd988a532ca7d1f32837ebb8d"
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 1481 (110) — Comptroller, State - As enacted, clarifies that the Local Government Modernization Act of 2005 creates an ongoing, rather than one-time, duty of the comptroller of the treasury to ensure local governments are in compliance with the accounting and financial reporting standards established by the Governmental Accounting Standards Board. - Amends TCA Title 9, Chapter 3, Part 4.

## 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/110/Bill/SB1481.pdf)

## Votes

- SENATE STATE AND LOCAL GOVERNMENT COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 1/30/2018 Passed (2) — **9–0** (pass) · upper
- FLOOR VOTE: MOTION TO ADOPT 2/1/2018 PASSED (1) — **31–0** (fail) · upper
- FLOOR VOTE: PASSAGE ON THIRD CONSIDERATION 2/7/2018 PASSED (1) — **97–0** (fail) · lower

## Sponsors

- Swann — primary (person)
- Vaughan — primary (person)

## Timeline

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

- **2018-01-09** Filed for introduction `introduction, reading-1`
- **2018-01-09** Filed for intro. `introduction, reading-1`
- **2018-01-10** Introduced, Passed on First Consideration `introduction`
- **2018-01-10** Intro., P1C. `introduction`
- **2018-01-11** Passed on Second Consideration, refer to Senate State and Local Government Committee
- **2018-01-11** P2C, ref. to Local Government Committee `referral-committee`
- **2018-01-16** Assigned to s/c Local Government Subcommittee `referral-committee`
- **2018-01-17** Placed on s/c cal Local Government Subcommittee for 1/24/2018
- **2018-01-24** Placed on Senate State and Local Government Committee calendar for 1/30/2018
- **2018-01-24** Placed on cal. Local Government Committee for 1/30/2018
- **2018-01-24** Rec. for pass by s/c ref. to Local Government Committee `committee-passage-favorable`
- **2018-01-30** Placed on Senate Consent Calendar 2 calendar for 2/1/2018
- **2018-01-30** Recommended for passage, refer to Senate Calendar Committee
- **2018-01-30** Rec. for pass; ref to Calendar & Rules Committee `committee-passage-favorable`
- **2018-01-31** Placed on cal. Calendar & Rules Committee for 2/1/2018
- **2018-02-01** Engrossed; ready for transmission to House
- **2018-02-01** Passed Senate, Ayes 31, Nays 0 `passage`
- **2018-02-01** H. Placed on Regular Calendar for 2/7/2018
- **2018-02-05** Rcvd. from S., held on H. desk.
- **2018-02-07** Enrolled and ready for signatures
- **2018-02-07** Passed H., Ayes 97, Nays 0, PNV 0 `passage`
- **2018-02-07** Subst. for comp. HB.
- **2018-02-07** Comp. SB subst.
- **2018-02-13** Signed by Senate Speaker
- **2018-02-14** Signed by H. Speaker
- **2018-02-15** Transmitted to Governor for action.
- **2018-02-22** Signed by Governor. `executive-signature`
- **2018-03-07** Pub. Ch. 499
- **2018-03-07** Effective date(s) 02/22/2018
- **2018-03-07** Comp. became Pub. Ch. 499

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/67a7d8aa-4bac-4f37-9c27-4c7bacac846a`. Confidence: reported (aggregated from official Tennessee legislature records).