Fabio
89 lines
4.6 KiB
Markdown
89 lines
4.6 KiB
Markdown
---
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type: "Bill"
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title: "Public Funds and Financing - As enacted, clarifies that \"balloon indebtedness\" under the Local Government Public Obligations Act of 1986 includes the refinancing of a debt that creates a final maturity date that is 31 or more years from the original date of issuance. - Amends TCA Section 9-21-134."
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description: "Public Funds and Financing - As enacted, clarifies that \"balloon indebtedness\" under the Local Government Public Obligations Act of 1986 includes the refinancing of a debt that creates a final maturity date that is 31 or more years from the original date of issuance. - Amends TCA Section 9-21-134."
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jurisdiction: "us/states/tn"
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legislature: "Tennessee General Assembly"
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session: "110"
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identifier: "HB 1490"
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citation: "Tennessee HB 1490 (110)"
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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: ["Haile", "Hazlewood"]
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version_count: 1
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action_count: 31
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vote_count: 3
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first_action: "2018-01-09"
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last_action: "2018-03-07"
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source: "openstates"
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source_identifier: "ocd-bill/9e0b9482-896e-4af7-b43d-ea16e7f5c065"
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source_url: "http://wapp.capitol.tn.gov/apps/BillInfo/default.aspx?BillNumber=HB1490&GA=110"
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source_hash: "4782216897d59abc0d6c3269852b31f559514175e74a7a224a96d7c5e96452cb"
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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 1490 (110) — Public Funds and Financing - As enacted, clarifies that "balloon indebtedness" under the Local Government Public Obligations Act of 1986 includes the refinancing of a debt that creates a final maturity date that is 31 or more years from the original date of issuance. - Amends TCA Section 9-21-134.
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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](http://www.capitol.tn.gov/Bills/110/Bill/HB1490.pdf)
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## Votes
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- LOCAL GOVERNMENT SUBCOMMITTEE: Rec. for pass by s/c ref. to Local Government Committee 1/31/2018 — **0–0** (pass) · lower
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- FLOOR VOTE: PASSAGE ON THIRD CONSIDERATION 2/12/2018 PASSED (1) — **93–0** (fail) · lower
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- LOCAL GOVERNMENT COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee 2/6/2018 — **0–0** (pass) · lower
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## Sponsors
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- Haile — primary (person)
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- Hazlewood — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2018-01-09** Filed for intro. `introduction, reading-1`
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- **2018-01-10** Intro., P1C. `introduction`
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- **2018-01-10** Filed for introduction `introduction, reading-1`
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- **2018-01-11** P2C, ref. to Local Government Committee `referral-committee`
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- **2018-01-11** Introduced, Passed on First Consideration `introduction`
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- **2018-01-17** Assigned to s/c Local Government Subcommittee `referral-committee`
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- **2018-01-17** Passed on Second Consideration, refer to Senate State and Local Government Committee
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- **2018-01-24** Placed on s/c cal Local Government Subcommittee for 1/31/2018
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- **2018-01-31** Placed on cal. Local Government Committee for 2/6/2018
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- **2018-01-31** Rec. for pass by s/c ref. to Local Government Committee `committee-passage-favorable`
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- **2018-01-31** Placed on Senate State and Local Government Committee calendar for 2/6/2018
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- **2018-02-06** Rec. for pass; ref to Calendar & Rules Committee `committee-passage-favorable`
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- **2018-02-06** Placed on Senate Consent Calendar 2 calendar for 2/8/2018
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- **2018-02-06** Recommended for passage, refer to Senate Calendar Committee
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- **2018-02-07** Placed on cal. Calendar & Rules Committee for 2/8/2018
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- **2018-02-08** H. Placed on Consent Calendar for 2/12/2018
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- **2018-02-08** Engrossed; ready for transmission to House
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- **2018-02-08** Passed Senate, Ayes 31, Nays 0 `passage`
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- **2018-02-12** Comp. SB subst.
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- **2018-02-12** Sponsor(s) Added.
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- **2018-02-12** Enrolled and ready for signatures
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- **2018-02-12** Passed H., Ayes 93, Nays 0, PNV 1 `passage`
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- **2018-02-12** Subst. for comp. HB.
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- **2018-02-12** Rcvd. from S., held on H. desk.
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- **2018-02-14** Signed by H. Speaker
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- **2018-02-14** Signed by Senate Speaker
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- **2018-02-15** Transmitted to Governor for action.
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- **2018-02-22** Signed by Governor. `executive-signature`
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- **2018-03-07** Comp. became Pub. Ch. 498
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- **2018-03-07** Pub. Ch. 498
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- **2018-03-07** Effective date(s) 02/22/2018
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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/9e0b9482-896e-4af7-b43d-ea16e7f5c065`. Confidence: reported (aggregated from official Tennessee legislature records).
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