AN ACT to authorize the state of Tennessee, acting by resolutions of its funding board, to issue and sell i...
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HB 1407 — AN ACT to authorize the state of Tennessee, acting by resolutions of its funding board, to issue and sell its bonds and bond anticipation notes to provide for acquisition of equipment and sites, and erection, construction, and equipment of sites and buildings, expressly including the acquisition of existing structures for expansion, improvements, betterments, and extraordinary repairs to existing structures, for construction of highways, and repair, replacement, or rehabilitation of bridges, and for grants to any county, metropolitan government, incorporated town, city, special district of the state, or any governmental agency or instrumentality of any of them; to make grants to industrial development corporations to provide for acquisition of equipment and acquisition, site preparation, erection, construction, and equipment of sites and buildings; and infrastructure improvements and development; to issue its debt in excess of the authorized amount to fund discount and costs of issuance; and to provide for the expenditure of said funds. This act makes appropriations for an indefinite period of time for the purpose of allocating the proceeds of the bonds and notes authorized by this act.
Last action — Effective date(s) 05/21/2025
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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✓Passed House
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✓Passed Senate
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced February 14, 2025. Enacted.
Signed by Governor Bill Lee (Republican) on April 30, 2025.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
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Enacted
Current position in the legislative process.
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6 sponsors
1 primary, 5 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (5 R).
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Cleared a recorded vote
Passed 2 recorded votes so far.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Summary
Bond Issues - As enacted, authorizes the state to issue and sell bonds. -
Bill Text
- Full text View text Current pdf
Action History
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Comp. became Pub. Ch. 528
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Pub. Ch. 528
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Effective date(s) 05/21/2025
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Signed by Governor.
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Transmitted to Governor for his action.
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Signed by Senate Speaker
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Signed by H. Speaker
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Enrolled; ready for sig. of H. Speaker.
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Companion House Bill substituted
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H. adopted am. (Amendment 1 - HA0444)
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Sponsor(s) Added.
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Passed H., as am., Ayes 91, Nays 2, PNV 2
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Engrossed; ready for transmission to Sen.
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Received from House, Passed on First Consideration
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Senate substituted House Bill for companion Senate Bill.
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Amendment withdrawn. (Amendment 1 - SA0424)
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Passed Senate, Ayes 33, Nays 0
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Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 8, Nays 0 PNV 2
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Placed on Senate Regular Calendar 2 for 4/16/2025
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Sponsor(s) Added.
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Rec for pass if am by s/c ref. to Finance, Ways, and Means Committee
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Placed on cal. Finance, Ways, and Means Committee for 4/15/2025
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Rec. for pass. if am., ref. to Calendar & Rules Committee
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Placed on cal. Calendar & Rules Committee for 4/15/2025
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H. Placed on Appropriations Calendar for 4/16/2025
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Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2025
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Placed on Senate Finance, Ways, and Means Committee calendar for 4/15/2025
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Passed on Second Consideration, refer to Senate Finance, Ways & Means Committee
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P2C, ref. to Finance, Ways, and Means Committee
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Assigned to s/c Finance, Ways, and Means Subcommittee
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Introduced, Passed on First Consideration
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Intro., P1C.
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Sponsor(s) Added.
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Filed for introduction
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Filed for introduction
Sponsors
- Hicks G · Cosponsor
- William Lamberth · Primary
- Mark Cochran · Cosponsor
- Ryan Williams · Cosponsor
- Bud Hulsey · Cosponsor
- Rush Bricken · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 5 co-sponsors · 127 not signed on
Sponsors (1)
- Lamberth, William Republican
Co-sponsors (5)
- Hicks G
- Cochran, Mark Republican
- Williams, Ryan Republican
- Hulsey, Bud Republican
- Bricken, Rush Republican
Not signed on (127)
127 members have not signed on to this bill.
Show all 127 →"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.
Votes
Roll call published as PDF — view source.
Roll call published as PDF — view source.
Subjects
Frequently asked questions
- What does HB 1407 do?
- Bond Issues - As enacted, authorizes the state to issue and sell bonds. -
- Who sponsors HB 1407?
- HB 1407 is sponsored by Hicks G, Lamberth, William (Republican), Cochran, Mark (Republican), Williams, Ryan (Republican), Hulsey, Bud (Republican), and Bricken, Rush (Republican).
- What is the current status of HB 1407?
- This bill has been enacted into law. Introduced February 14, 2025. Enacted.
- Where can I track HB 1407?
- Track HB 1407 free on One Click Politics — get push/email alerts when it moves.
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