---
type: "Bill"
title: "Tennessee Housing Development Agency - As enacted, increases, from $2.93 billion to $4 billion, the maximum aggregate principal amount for which the agency may issue bonds and notes at any one time. - Amends TCA Section 13-23-121."
description: "Tennessee Housing Development Agency - As enacted, increases, from $2.93 billion to $4 billion, the maximum aggregate principal amount for which the agency may issue bonds and notes at any one time. - Amends TCA Section 13-23-121."
jurisdiction: "us/states/tn"
legislature: "Tennessee General Assembly"
session: "111"
identifier: "SB 1576"
citation: "Tennessee SB 1576 (111)"
classification: ["bill"]
subjects: ["Tennessee Housing Development Agency"]
status: "enacted"
primary_sponsors: ["Baum", "Yager"]
version_count: 2
action_count: 40
vote_count: 8
first_action: "2020-01-07"
last_action: "2020-07-22"
source: "openstates"
source_identifier: "ocd-bill/3d41e941-0125-442b-947b-3e4defa01c04"
source_url: "http://wapp.capitol.tn.gov/apps/BillInfo/default.aspx?BillNumber=SB1576&GA=111"
source_hash: "c2b5d68cfd6714345f39c679c4911d04f82d6edf1fbc84605c4a1ab0ace146bd"
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 1576 (111) — Tennessee Housing Development Agency - As enacted, increases, from $2.93 billion to $4 billion, the maximum aggregate principal amount for which the agency may issue bonds and notes at any one time. - Amends TCA Section 13-23-121.

## Version chain

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

1. **Amendment SA0592** (committee substitute) — [source](http://www.capitol.tn.gov/Bills/111/Amend/SA0592.pdf)
2. **Current Version** (committee substitute) — [source](http://www.capitol.tn.gov/Bills/111/Bill/SB1576.pdf)

## Votes

- SENATE STATE & LOCAL GOVERNMENT COMMITTEE: Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 7, Nays 0 PNV 0 3/10/2020 Passed — **7–0** (pass) · upper
- FLOOR VOTE: MESSAGE CALENDAR CONCUR IN SENATE AMENDMENT # 1 6/17/2020 Passed (1) — **87–4** (pass) · lower
- SENATE STATE & LOCAL GOVERNMENT COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 1/28/2020 Passed (1) — **7–1** (pass) · upper
- HOUSE LOCAL COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee 2/12/2020 — **0–0** (pass) · lower
- HOUSE PROPERTY & PLANNING SUBCOMMITTEE: Rec. for pass by s/c ref. to Local Committee 2/4/2020 — **0–0** (pass) · lower
- HOUSE CALENDAR & RULES COMMITTEE: H. Placed on Regular Calendar for 2/24/2020 2/20/2020 (2) — **0–0** (fail) · lower
- FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION 2/24/2020 Passed — **91–0** (pass) · lower
- FLOOR VOTE: as Amended Third Consideration 6/4/2020 Passed — **32–0** (pass) · upper

## Sponsors

- Baum — primary (person)
- Yager — primary (person)

## Timeline

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

- **2020-01-07** Filed for introduction `reading-1, introduction`
- **2020-01-14** Introduced, Passed on First Consideration `introduction`
- **2020-01-14** Filed for introduction `reading-1, introduction`
- **2020-01-15** Intro., P1C. `introduction`
- **2020-01-16** Passed on Second Consideration, refer to Senate State and Local Government Committee
- **2020-01-16** P2C, ref. to Local Committee `referral-committee`
- **2020-01-21** Assigned to s/c Property & Planning Subcommittee `referral-committee`
- **2020-01-22** Placed on Senate State and Local Government Committee calendar for 1/28/2020
- **2020-01-28** Recommended for passage, refer to Senate Calendar Committee
- **2020-01-29** Placed on s/c cal Property & Planning Subcommittee for 2/4/2020
- **2020-02-04** Rec. for pass by s/c ref. to Local Committee `committee-passage-favorable`
- **2020-02-05** Placed on cal. Local Committee for 2/12/2020
- **2020-02-12** Rec. for pass; ref to Calendar & Rules Committee `committee-passage-favorable`
- **2020-02-19** Placed on cal. Calendar & Rules Committee for 2/20/2020
- **2020-02-20** H. Placed on Regular Calendar for 2/24/2020
- **2020-02-24** Passed H., Ayes 91, Nays 0, PNV 4 `passage`
- **2020-02-25** Placed on Senate State and Local Government Committee calendar for 3/3/2020
- **2020-02-25** Refer to Senate State & Local Government Committee
- **2020-02-25** Recalled from Senate Calendar Committee
- **2020-02-25** Engrossed; ready for transmission to Sen.
- **2020-02-27** Received from House, Passed on First Consideration `introduction`
- **2020-03-04** Placed on Senate State and Local Government Committee calendar for 3/10/2020
- **2020-03-10** Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 7, Nays 0 PNV 0
- **2020-03-13** Placed on Senate Regular Calendar for 3/16/2020
- **2020-03-16** Re-refer to Senate Cal. Comm.
- **2020-06-02** Placed on Senate Regular Calendar for 6/4/2020
- **2020-06-04** Companion House Bill substituted
- **2020-06-04** Passed Senate as amended, Ayes 32, Nays 0 `passage`
- **2020-06-04** Senate adopted Amendment (Amendment 1 - SA0592)
- **2020-06-04** Senate substituted House Bill for companion Senate Bill.
- **2020-06-17** H. concurred in S. am. no. 1 Ayes 87, Nays 4 PNV 0 HB1622
- **2020-06-17** H. Placed on Message Calendar for 6/17/20
- **2020-06-19** Enrolled; ready for sig. of H. Speaker.
- **2020-06-30** Signed by Senate Speaker
- **2020-06-30** Signed by H. Speaker
- **2020-07-06** Transmitted to Governor for his action. `executive-receipt`
- **2020-07-15** Signed by Governor. `executive-signature`
- **2020-07-22** Comp. became Pub. Ch. 766
- **2020-07-22** Pub. Ch. 766
- **2020-07-22** Effective date(s) 07/15/2020

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/3d41e941-0125-442b-947b-3e4defa01c04`. Confidence: reported (aggregated from official Tennessee legislature records).