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type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
type title description jurisdiction legislature session identifier citation classification subjects status primary_sponsors version_count action_count vote_count first_action last_action source source_identifier source_url source_hash vintage source_snapshot retrieved_at confidence tags
Bill Utilities, Utility Districts - As enacted, prohibits the comptroller of the treasury, in determining whether a utility system is financially distressed, from considering the straight-line depreciation of an asset acquired or completed in the 12 calendar months preceding the audit, so long as the asset's depreciation is calculated in accordance with generally accepted accounting principles and if this prohibition is approved by a simple majority vote of the governing body of a utility system at a meeting of the governing body. - Amends TCA Title 4; Title 9; Title 65; Title 67 and Title 68. Utilities, Utility Districts - As enacted, prohibits the comptroller of the treasury, in determining whether a utility system is financially distressed, from considering the straight-line depreciation of an asset acquired or completed in the 12 calendar months preceding the audit, so long as the asset's depreciation is calculated in accordance with generally accepted accounting principles and if this prohibition is approved by a simple majority vote of the governing body of a utility system at a meeting of the governing body. - Amends TCA Title 4; Title 9; Title 65; Title 67 and Title 68. us/states/tn Tennessee General Assembly 113 SB 129 Tennessee SB 129 (113)
bill
Utilities
Utility Districts
enacted
Walley
5 42 3 2023-01-11 2024-05-29 openstates ocd-bill/4a300b30-52e2-4a1e-babf-d4b7a1209a93 http://wapp.capitol.tn.gov/apps/BillInfo/default.aspx?BillNumber=SB0129&GA=113 5646fd243cb6fd82d800ead45f6c8c1d7de18b02f369d924437d514b1635f3bc 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-tn

Tennessee SB 129 (113) — Utilities, Utility Districts - As enacted, prohibits the comptroller of the treasury, in determining whether a utility system is financially distressed, from considering the straight-line depreciation of an asset acquired or completed in the 12 calendar months preceding the audit, so long as the asset's depreciation is calculated in accordance with generally accepted accounting principles and if this prohibition is approved by a simple majority vote of the governing body of a utility system at a meeting of the governing body. - Amends TCA Title 4; Title 9; Title 65; Title 67 and Title 68.

Version chain

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

  1. Amendment HA0989 (committee substitute) — source
  2. Amendment HA1118 (committee substitute) — source
  3. Amendment SA0905 (committee substitute) — source
  4. Amendment SA1012 (committee substitute) — source
  5. Current Version (committee substitute) — source

Votes

  • FLOOR VOTE: as Amended Third Consideration 4/17/2024 Passed — 300 (pass) · upper
  • FLOOR VOTE: REGULAR CALENDAR 2 PASSAGE ON THIRD CONSIDERATION 4/24/2024 Passed — 951 (pass) · lower
  • SENATE STATE & LOCAL GOVERNMENT COMMITTEE: Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 9, Nays 0 PNV 0 3/27/2024 Passed — 90 (pass) · upper

Sponsors

  • Walley — primary (person)

Timeline

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

  • 2023-01-11 Filed for introduction filing
  • 2023-01-12 Introduced, Passed on First Consideration introduction
  • 2023-01-20 Passed on Second Consideration, refer to Senate State and Local Government Committee passage
  • 2023-02-28 Placed on Senate State and Local Government Committee calendar for 3/7/2023
  • 2023-03-07 Placed on Senate State and Local Government Committee calendar for 3/14/2023
  • 2023-03-07 Action deferred in Senate State and Local Government Committee to 3/14/2023
  • 2023-03-14 Placed on Senate State and Local Government Committee calendar for 3/21/2023
  • 2023-03-14 Action deferred in Senate State and Local Government Committee to 3/21/2023
  • 2023-03-21 Assigned to General Subcommittee of Senate State and Local Government Committee referral-committee
  • 2024-02-27 Placed on Senate State and Local Government Committee calendar for 3/5/2024
  • 2024-03-05 Placed on Senate State and Local Government Committee calendar for 3/12/2024
  • 2024-03-05 Action deferred in Senate State and Local Government Committee to 3/12/2024
  • 2024-03-12 Placed on Senate State and Local Government Committee calendar for 3/19/2024
  • 2024-03-12 Action deferred in Senate State and Local Government Committee to 3/19/2024
  • 2024-03-19 Placed on Senate State and Local Government Committee calendar for 3/20/2024
  • 2024-03-19 Action deferred in Senate State and Local Government Committee to 3/20/2024
  • 2024-03-20 Placed on Senate State and Local Government Committee calendar for 3/27/2024
  • 2024-03-20 Action deferred in Senate State and Local Government Committee to 3/26/2024
  • 2024-03-27 Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 9, Nays 0 PNV 0
  • 2024-03-27 Sponsor(s) Added. sponsorship
  • 2024-03-28 Sponsor(s) Added. sponsorship
  • 2024-04-12 Placed on Senate Regular Calendar for 4/15/2024
  • 2024-04-15 Senate Reset on calendar for 4/17/2024
  • 2024-04-16 Placed on Senate Regular Calendar for 4/17/2024
  • 2024-04-16 Sponsor(s) Added. sponsorship
  • 2024-04-17 Engrossed; ready for transmission to House receipt
  • 2024-04-17 Placed on Senate Regular Calendar for 4/17/2024
  • 2024-04-17 Passed Senate as amended, Ayes 30, Nays 0 passage
  • 2024-04-17 Amendment withdrawn. (Amendment 1 - SA0905)
  • 2024-04-17 Senate adopted Amendment (Amendment 2 - SA1012)
  • 2024-04-18 Rcvd. from S., held on H. desk.
  • 2024-04-24 Passed H., Ayes 95, Nays 1, PNV 0 passage
  • 2024-04-24 Am. withdrawn. (Amendment 2 - HA1118) amendment-withdrawal
  • 2024-04-24 Am. withdrawn. (Amendment 1 - HA0989) amendment-withdrawal
  • 2024-04-24 Subst. for comp. HB. substitution
  • 2024-04-29 Enrolled and ready for signatures enrolled
  • 2024-05-09 Signed by Senate Speaker passage
  • 2024-05-15 Signed by H. Speaker passage
  • 2024-05-16 Transmitted to Governor for action. executive-receipt
  • 2024-05-28 Signed by Governor. executive-signature
  • 2024-05-29 Effective date(s) 07/01/2024
  • 2024-05-29 Pub. Ch. 1004

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/4a300b30-52e2-4a1e-babf-d4b7a1209a93. Confidence: reported (aggregated from official Tennessee legislature records).