Tennessee 114th General Assembly Status: In Committee 1 R cosponsors

HB 1047 — AN ACT to amend Tennessee Code Annotated, Title 4; Title 8; Title 9; Title 12, Chapter 3; Title 45; Title 50; Title 56, Chapter 1 and Title 67, relative to employee-owned businesses.

Last action — Taken off notice for cal in s/c Business and Utilities Subcommittee of Commerce Committee

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill is in committee in the House. Introduced January 07, 2025. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the House.

Odds of enactment

Low chance

Based on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Stalled 16% · moderate confidence

  • In Committee

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (1 R).

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Summary

Economic and Community Development - As introduced, enacts the "Employee Ownership, Empowerment, and Expansion Act" to support the growth and expansion of employee-owned businesses. - Amends TCA Title 4; Title 8; Title 9; Title 12, Chapter 3; Title 45; Title 50; Title 56, Chapter 1 and Title 67.

Bill Text

Action History

  1. Filed for introduction

  2. Introduced, Passed on First Consideration

  3. Passed on Second Consideration, refer to Senate Commerce and Labor Committee

  4. Sponsor(s) Added.

  5. Placed on Senate Commerce and Labor Committee calendar for 3/11/2025

  6. Action deferred in Senate Commerce and Labor Committee to 3/18/2025

  7. Placed on Senate Commerce and Labor Committee calendar for 3/18/2025

  8. Placed on Senate Commerce and Labor Committee calendar for 3/18/2025

  9. Assigned to General Subcommittee of Senate Commerce and Labor Committee

  10. Withdrawn.

  11. Filed for introduction

  12. Intro., P1C.

  13. P2C, ref. to Commerce Committee - Government Operations for Review

  14. Assigned to s/c Business & Utilities Subcommittee

  15. Placed on s/c cal Business & Utilities Subcommittee for 3/12/2025

  16. Action Def. in s/c Business and Utilities Subcommittee to 3/19/2025

  17. Placed on s/c cal Business & Utilities Subcommittee for 3/19/2025

  18. No Action Taken

  19. Placed on s/c cal Business & Utilities Subcommittee for 1/21/2026

  20. Taken off notice for cal in s/c Business and Utilities Subcommittee of Commerce Committee

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 132 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (132)

132 members have not signed on to this bill.

Show all 132 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

labor
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does HB 1047 do?
Economic and Community Development - As introduced, enacts the "Employee Ownership, Empowerment, and Expansion Act" to support the growth and expansion of employee-owned businesses. - Amends TCA Title 4; Title 8; Title 9; Title 12, Chapter 3; Title 45; Title 50; Title 56, Chapter 1 and Title 67.
Who sponsors HB 1047?
HB 1047 is sponsored by Marsh, Pat (Republican).
What is the current status of HB 1047?
This bill is in committee in the House. Introduced January 07, 2025. It must pass committee before a floor vote.
Where can I track HB 1047?
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Last checked for changes 3 months ago · updated continuously

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