SB 1392 — 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; and to provide for the expenditure of said funds; 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 — Assigned to General Subcommittee of Senate Finance, Ways and Means Committee
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✓Introduced
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✓In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill has passed the Senate. Introduced February 06, 2025. It now moves to the second chamber.
Next likely step: consideration and a floor vote in the House.
Odds of enactment
Moderate chanceBased on the sponsor, cosponsors, and committee posture, this bill has a moderate chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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Passed Senate
Current position in the legislative process.
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4 sponsors
1 primary, 3 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (4 R).
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Summary
Bond Issues - As introduced, authorizes the state, acting by resolution of its funding board, to issue and sell its bonds and bond anticipation notes for certain purposes. -
Bill Text
- Full text View text Current pdf
Action History
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Filed for introduction
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Ref. to Delayed Bills Committee
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Intro., P1C.
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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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Filed for introduction
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Introduced, Passed on First Consideration
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Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee
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Sponsor(s) Added.
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Placed on Senate Finance, Ways, and Means Committee calendar for 4/15/2025
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Assigned to General Subcommittee of Senate Finance, Ways, and Means Committee
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Placed on Senate Finance, Ways, and Means Committee calendar for 4/14/2026
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Action deferred in Senate Finance, Ways, and Means Committee to 4/15/2026
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Placed on Senate Finance, Ways, and Means Committee calendar for 4/15/2026
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Action deferred in Senate Finance, Ways and Means Committee to next calendar
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Assigned to General Subcommittee of Senate Finance, Ways and Means Committee
Sponsors
- Bo Watson · Primary
- John Stevens · Cosponsor
- Joey Hensley · Cosponsor
- Steve Southerland · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 3 co-sponsors · 129 not signed on
Sponsors (1)
- Watson, Bo Republican
Co-sponsors (3)
- Stevens, John Republican
- Hensley, Joey Republican
- Southerland, Steve Republican
Not signed on (129)
129 members have not signed on to this bill.
Show all 129 →"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.
Subjects
Frequently asked questions
- What does SB 1392 do?
- Bond Issues - As introduced, authorizes the state, acting by resolution of its funding board, to issue and sell its bonds and bond anticipation notes for certain purposes. -
- Who sponsors SB 1392?
- SB 1392 is sponsored by Watson, Bo (Republican), Stevens, John (Republican), Hensley, Joey (Republican), and Southerland, Steve (Republican).
- What is the current status of SB 1392?
- This bill has passed the Senate. Introduced February 06, 2025. It now moves to the second chamber.
- Where can I track SB 1392?
- Track SB 1392 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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