Fabio
74 lines
4.2 KiB
Markdown
74 lines
4.2 KiB
Markdown
---
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type: "Bill"
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title: "Utilities, Utility Districts - As enacted, authorizes certain utility systems to borrow money in anticipation of revenue collections and to issue negotiable notes to evidence such borrowing to provide emergency cash flow for such systems, with oversight of such actions by the comptroller of the treasury; establishes deadline for the payment of such notes. - Amends TCA Section 7-34-111; Section 7-36-113; Section 7-82-501; Section 7-82-702; Section 68-221-1311 and Section 68-221-611."
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description: "Utilities, Utility Districts - As enacted, authorizes certain utility systems to borrow money in anticipation of revenue collections and to issue negotiable notes to evidence such borrowing to provide emergency cash flow for such systems, with oversight of such actions by the comptroller of the treasury; establishes deadline for the payment of such notes. - Amends TCA Section 7-34-111; Section 7-36-113; Section 7-82-501; Section 7-82-702; Section 68-221-1311 and Section 68-221-611."
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jurisdiction: "us/states/tn"
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legislature: "Tennessee General Assembly"
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session: "114"
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identifier: "SB 518"
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citation: "Tennessee SB 518 (114)"
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classification: ["bill"]
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subjects: ["Utilities", "Utility Districts"]
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status: "enacted"
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primary_sponsors: ["Reeves"]
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version_count: 1
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action_count: 18
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vote_count: 2
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first_action: "2025-01-30"
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last_action: "2025-04-30"
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source: "openstates"
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source_identifier: "ocd-bill/e3e78b27-b04d-4b4b-b526-435084d2e63f"
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source_url: "https://wapp.capitol.tn.gov/apps/BillInfo/Default?BillNumber=SB0518&ga=114"
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source_hash: "cd20b499c485d1fe64a9a307cbac9f948298c9e2d5ed67f05f97e7f16b2f64e5"
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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 SB 518 (114) — Utilities, Utility Districts - As enacted, authorizes certain utility systems to borrow money in anticipation of revenue collections and to issue negotiable notes to evidence such borrowing to provide emergency cash flow for such systems, with oversight of such actions by the comptroller of the treasury; establishes deadline for the payment of such notes. - Amends TCA Section 7-34-111; Section 7-36-113; Section 7-82-501; Section 7-82-702; Section 68-221-1311 and Section 68-221-611.
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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://capitol.tn.gov/Bills/114/Bill/SB0518.pdf)
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## Votes
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- FLOOR VOTE: Motion to Adopt 3/10/2025 Passed (1) — **30–0** (pass) · upper
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- SENATE STATE & LOCAL GOVERNMENT COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 3/4/2025 Passed (2) — **9–0** (pass) · upper
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## Sponsors
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- Reeves — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2025-01-30** Filed for introduction `filing`
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- **2025-02-10** Introduced, Passed on First Consideration `introduction`
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- **2025-02-12** Passed on Second Consideration, refer to Senate State and Local Government Committee `referral-committee`
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- **2025-02-25** Placed on Senate State and Local Government Committee calendar for 3/4/2025
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- **2025-03-04** Recommended for passage, refer to Senate Calendar Committee
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- **2025-03-07** Placed on Senate Consent Calendar 2 for 3/10/2025
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- **2025-03-10** Engrossed; ready for transmission to House `receipt`
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- **2025-03-10** Passed Senate, Ayes 30, Nays 0 `passage`
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- **2025-03-13** Rcvd. from S., held on H. desk.
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- **2025-03-31** Passed H., Ayes 93, Nays 0, PNV 2 `passage`
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- **2025-03-31** Subst. for comp. HB. `substitution`
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- **2025-04-01** Enrolled and ready for signatures `enrolled`
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- **2025-04-02** Signed by H. Speaker `passage`
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- **2025-04-02** Signed by Senate Speaker `passage`
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- **2025-04-03** Transmitted to Governor for action. `executive-receipt`
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- **2025-04-11** Signed by Governor. `executive-signature`
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- **2025-04-30** Effective date(s) 07/01/2025
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- **2025-04-30** Pub. Ch. 170
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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/e3e78b27-b04d-4b4b-b526-435084d2e63f`. Confidence: reported (aggregated from official Tennessee legislature records).
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