SB 518
Pub
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.
- Tennessee
- Senate
- Introduced Jan 30, 2025
- Session 114
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View on official siteLegislative Timeline
18 actions-
Pub. Ch. 170
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Effective date(s) 07/01/2025
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Signed by Governor.
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Transmitted to Governor for action.
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Signed by Senate Speaker
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Signed by H. Speaker
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Enrolled and ready for signatures
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Subst. for comp. HB.
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Passed H., Ayes 93, Nays 0, PNV 2
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Rcvd. from S., held on H. desk.
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Passed Senate, Ayes 30, Nays 0
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Engrossed; ready for transmission to House
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Placed on Senate Consent Calendar 2 for 3/10/2025
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Recommended for passage, refer to Senate Calendar Committee
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Placed on Senate State and Local Government Committee calendar for 3/4/2025
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Passed on Second Consideration, refer to Senate State and Local Government Committee
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Introduced, Passed on First Consideration
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Filed for introduction