Fabio
83 lines
4.7 KiB
Markdown
83 lines
4.7 KiB
Markdown
---
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type: "Bill"
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title: "Public Funds and Financing - As enacted, specifies that the ratings services that grade potential investments for idle funds of local governments be nationally recognized statistical rating organizations as identified by the United States securities and exchange commission. - Amends TCA Title 5, Chapter 8, Part 3; Title 6, Chapter 56, Part 1 and Title 7, Chapter 82."
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description: "Public Funds and Financing - As enacted, specifies that the ratings services that grade potential investments for idle funds of local governments be nationally recognized statistical rating organizations as identified by the United States securities and exchange commission. - Amends TCA Title 5, Chapter 8, Part 3; Title 6, Chapter 56, Part 1 and Title 7, Chapter 82."
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jurisdiction: "us/states/tn"
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legislature: "Tennessee General Assembly"
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session: "113"
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identifier: "HB 1787"
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citation: "Tennessee HB 1787 (113)"
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classification: ["bill"]
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subjects: ["Public Funds and Financing"]
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status: "enacted"
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primary_sponsors: ["Baum"]
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version_count: 1
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action_count: 23
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vote_count: 6
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first_action: "2024-01-09"
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last_action: "2024-03-19"
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source: "openstates"
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source_identifier: "ocd-bill/a5e1862f-1827-4480-94d3-775f5a2dd25c"
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source_url: "http://wapp.capitol.tn.gov/apps/BillInfo/default.aspx?BillNumber=HB1787&GA=113"
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source_hash: "f6d58ac64fc1624969a76d7f48861e309a9b9aaaa032b37bf57298ef5d701e9a"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-tn"]
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---
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# Tennessee HB 1787 (113) — Public Funds and Financing - As enacted, specifies that the ratings services that grade potential investments for idle funds of local governments be nationally recognized statistical rating organizations as identified by the United States securities and exchange commission. - Amends TCA Title 5, Chapter 8, Part 3; Title 6, Chapter 56, Part 1 and Title 7, Chapter 82.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Current Version** (committee substitute) — [source](https://www.capitol.tn.gov/Bills/113/Bill/HB1787.pdf)
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## Votes
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- FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION 2/12/2024 Passed (1) — **95–0** (pass) · lower
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- HOUSE CITIES SUBCOMMITTEE: Rec. for pass by s/c ref. to Local Government Committee 1/31/2024 — **0–0** (pass) · lower
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- HOUSE CITIES SUBCOMMITTEE: Rec. for pass by s/c ref. to Local Government Committee 1/31/2024 (4) — **0–0** (pass) · lower
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- FLOOR VOTE: Motion to Adopt 2/22/2024 Passed (1) — **33–0** (pass) · upper
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- HOUSE LOCAL GOVERNMENT COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee 2/6/2024 (3) — **0–0** (pass) · lower
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- HOUSE CALENDAR & RULES COMMITTEE: H. Placed on Regular Calendar for 2/12/2024 2/8/2024 (2) — **0–0** (fail) · lower
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## Sponsors
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- Baum — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2024-01-09** Filed for introduction `filing`
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- **2024-01-10** Intro., P1C. `introduction`
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- **2024-01-11** Assigned to s/c Cities & Counties Subcommittee `referral-committee`
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- **2024-01-11** P2C, ref. to Local Government Committee `referral-committee`
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- **2024-01-24** Placed on s/c cal Cities & Counties Subcommittee for 1/31/2024
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- **2024-01-31** Placed on cal. Local Government Committee for 2/6/2024
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- **2024-01-31** Rec. for pass by s/c ref. to Local Government Committee `committee-passage-favorable`
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- **2024-02-06** Rec. for pass; ref to Calendar & Rules Committee `committee-passage-favorable`
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- **2024-02-07** Placed on cal. Calendar & Rules Committee for 2/8/2024
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- **2024-02-08** H. Placed on Regular Calendar for 2/12/2024
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- **2024-02-12** Passed H., Ayes 95, Nays 0, PNV 0 `passage`
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- **2024-02-12** Sponsor(s) Added. `sponsorship`
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- **2024-02-13** Engrossed; ready for transmission to Sen. `receipt`
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- **2024-02-15** Received from House, Passed on First Consideration `introduction`
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- **2024-02-22** Passed Senate, Ayes 33, Nays 0 `passage`
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- **2024-02-22** Senate substituted House Bill for companion Senate Bill. `substitution`
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- **2024-02-23** Enrolled; ready for sig. of H. Speaker. `enrolled`
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- **2024-02-26** Signed by Senate Speaker `passage`
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- **2024-02-26** Signed by H. Speaker `passage`
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- **2024-02-27** Transmitted to Governor for his action. `executive-receipt`
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- **2024-03-07** Signed by Governor. `executive-signature`
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- **2024-03-19** Effective date(s) 03/07/2024
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- **2024-03-19** Pub. Ch. 538
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/a5e1862f-1827-4480-94d3-775f5a2dd25c`. Confidence: reported (aggregated from official Tennessee legislature records).
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