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republic-os/legislation/us/states/tn/114/sb-857.md
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---
type: "Bill"
title: "Housing - As enacted, authorizes any county having made loans in excess of the amount of funds in the initial capitalization of the loan fund pool for the county to terminate its participation in the homebuyers' revolving loan fund pool with notice to the Tennessee housing development agency and to retain all funds, including any funds used for initial capitalization or interest earnings on repayments. - Amends TCA Title 13, Chapter 23."
description: "Housing - As enacted, authorizes any county having made loans in excess of the amount of funds in the initial capitalization of the loan fund pool for the county to terminate its participation in the homebuyers' revolving loan fund pool with notice to the Tennessee housing development agency and to retain all funds, including any funds used for initial capitalization or interest earnings on repayments. - Amends TCA Title 13, Chapter 23."
jurisdiction: "us/states/tn"
legislature: "Tennessee General Assembly"
session: "114"
identifier: "SB 857"
citation: "Tennessee SB 857 (114)"
classification: ["bill"]
subjects: ["Housing"]
status: "enacted"
primary_sponsors: ["Taylor"]
version_count: 1
action_count: 18
vote_count: 3
first_action: "2025-02-05"
last_action: "2025-05-15"
source: "openstates"
source_identifier: "ocd-bill/71def4d5-6435-4ef4-86b3-9ed7a0f12ec4"
source_url: "https://wapp.capitol.tn.gov/apps/BillInfo/Default?BillNumber=SB0857&ga=114"
source_hash: "2854630b93008f4997361e07360778ec991e472d47f4ec7ef9722f0e0a629a23"
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 857 (114) — Housing - As enacted, authorizes any county having made loans in excess of the amount of funds in the initial capitalization of the loan fund pool for the county to terminate its participation in the homebuyers' revolving loan fund pool with notice to the Tennessee housing development agency and to retain all funds, including any funds used for initial capitalization or interest earnings on repayments. - Amends TCA Title 13, Chapter 23.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Current Version** (committee substitute) — [source](https://capitol.tn.gov/Bills/114/Bill/SB0857.pdf)
## Votes
- FLOOR VOTE: Motion to Adopt 3/27/2025 Passed — **270** (pass) · upper
- FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION 4/21/2025 Passed (1) — **911** (pass) · lower
- SENATE JUDICIARY COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 3/24/2025 Passed (1) — **80** (pass) · upper
## Sponsors
- Taylor — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2025-02-05** Filed for introduction `filing`
- **2025-02-10** Introduced, Passed on First Consideration `introduction`
- **2025-02-12** Passed on Second Consideration, refer to Senate Judiciary Committee `referral-committee`
- **2025-03-19** Placed on Senate Judiciary Committee calendar for 3/24/2025
- **2025-03-24** Recommended for passage, refer to Senate Calendar Committee
- **2025-03-25** Placed on Senate Consent Calendar 2 for 3/27/2025
- **2025-03-27** Engrossed; ready for transmission to House `receipt`
- **2025-03-27** Passed Senate, Ayes 27, Nays 0 `passage`
- **2025-03-31** Rcvd. from S., held on H. desk.
- **2025-04-21** Passed H., Ayes 91, Nays 1, PNV 1 `passage`
- **2025-04-21** Subst. for comp. HB. `substitution`
- **2025-04-25** Enrolled and ready for signatures `enrolled`
- **2025-04-29** Signed by Senate Speaker `passage`
- **2025-04-30** Signed by H. Speaker `passage`
- **2025-05-01** Transmitted to Governor for action. `executive-receipt`
- **2025-05-09** Signed by Governor. `executive-signature`
- **2025-05-15** Effective date(s) 07/01/2025
- **2025-05-15** Pub. Ch. 442
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/71def4d5-6435-4ef4-86b3-9ed7a0f12ec4`. Confidence: reported (aggregated from official Tennessee legislature records).