AN ACT to amend Tennessee Code Annotated, Title 13, Chapter 23, relative to the homebuyers revolving loan p...
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SB 0857 — AN ACT to amend Tennessee Code Annotated, Title 13, Chapter 23, relative to the homebuyers revolving loan program.
Last action — Effective date(s) 07/01/2025
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 Senate
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✓Passed House
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced February 04, 2025. Enacted.
Signed by Governor Bill Lee (Republican) on April 29, 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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1 sponsor
1 primary, 0 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (1 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
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.
Bill Text
- Full text View text Current pdf
Action History
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Comp. became Pub. Ch. 442
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Pub. Ch. 442
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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 H. Speaker
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Signed by Senate Speaker
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Enrolled and ready for signatures
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Comp. SB subst.
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Subst. for comp. HB.
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Passed H., Ayes 91, Nays 1, PNV 1
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Rec. for pass by s/c ref. to Finance, Ways, and Means Committee
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Rec. for pass; ref to Calendar & Rules Committee
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Placed on cal. Calendar & Rules Committee for 4/17/2025
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H. Placed on Regular Calendar for 4/21/2025
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Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/17/2025
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Placed behind the budget
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Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2025
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Rec. for pass; ref to Finance, Ways, and Means Committee
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Assigned to s/c Finance, Ways, and Means Subcommittee
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Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/9/2025
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Rcvd. from S., held on H. desk.
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Passed Senate, Ayes 27, Nays 0
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Engrossed; ready for transmission to House
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Action def. in State & Local Government Committee to 4/2/2025
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Placed on cal. State & Local Government Committee for 4/2/2025
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Placed on Senate Consent Calendar 2 for 3/27/2025
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Recommended for passage, refer to Senate Calendar Committee
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Rec. for pass by s/c ref. to State & Local Government Committee
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Placed on cal. State & Local Government Committee for 3/26/2025
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Placed on Senate Judiciary Committee calendar for 3/24/2025
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Sponsor withdrawn.
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Sponsor(s) Added.
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Placed on s/c cal Cities & Counties Subcommittee for 3/19/2025
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Passed on Second Consideration, refer to Senate Judiciary Committee
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Introduced, Passed on First Consideration
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P2C, ref. to State & Local Government Committee
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Assigned to s/c Cities & Counties Subcommittee
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Intro., P1C.
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Filed for introduction
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Filed for introduction
Sponsors
- Brent Taylor · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 132 not signed on
Sponsors (1)
- Taylor, Brent Republican
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.
Votes
Roll call published as PDF — view source.
Roll call published as PDF — view source.
Subjects
Frequently asked questions
- What does SB 0857 do?
- 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.
- Who sponsors SB 0857?
- SB 0857 is sponsored by Taylor, Brent (Republican).
- What is the current status of SB 0857?
- This bill has been enacted into law. Introduced February 04, 2025. Enacted.
- Where can I track SB 0857?
- Track SB 0857 free on One Click Politics — get push/email alerts when it moves.
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