SB 2692 — 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) 05/19/2026
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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 09, 2026. Enacted.
Signed by Governor Bill Lee (Republican) on May 06, 2026.
Odds of enactment
High chanceBased on the sponsor, cosponsors, and committee posture, this bill has a high 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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Enacted
Current position in the legislative process.
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3 sponsors
1 primary, 2 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (3 R).
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Cleared a recorded vote
Passed 1 recorded vote so far.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
In plain language
The bill allows Tennessee to issue bonds for various infrastructure projects.
This legislation enables the state of Tennessee to issue bonds and notes to fund infrastructure improvements, including construction of highways and repairs to bridges. It also allows for grants to local governments and development corporations for equipment and site development.
What this means for you
- Families: Families may benefit from improved road conditions and infrastructure due to the funding authorized by this bill.
- Environment: The bill could lead to infrastructure improvements that may benefit environmental sustainability efforts.
- Small Business: This means potential financial support for small businesses involved in construction and infrastructure projects.
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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Filed for introduction
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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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Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2026
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Rec. for pass by s/c ref. to Finance, Ways, and Means Committee
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Placed on cal. Finance, Ways, and Means Committee for 4/15/2026
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Rec. for pass; ref to Calendar & Rules Committee
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Placed on cal. Calendar & Rules Committee for 4/15/2026
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H. Placed on Appropriations Calendar for 4/16/2026
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Sponsor(s) Added.
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Comp. SB subst.
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Sponsor(s) Added.
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Comp. became Pub. Ch. 989
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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 & 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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Recommended for passage, refer to Senate Calendar Committee
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Placed on Senate Regular Calendar 2 for 4/16/2026
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Passed Senate, Ayes 31, Nays 0
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Engrossed; ready for transmission to House
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Subst. for comp. HB.
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Passed H., Ayes 95, Nays 0, PNV 0
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Sponsor(s) Added.
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Enrolled and ready for signatures
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Signed by Senate Speaker
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Signed by H. Speaker
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Transmitted to Governor for action.
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Signed by Governor.
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Pub. Ch. 989
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Effective date(s) 05/19/2026
Sponsors
- Jack Johnson · Primary
- Shane Reeves · Cosponsor
- Bo Watson · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 2 co-sponsors · 130 not signed on
Sponsors (1)
- Johnson, Jack Republican
Co-sponsors (2)
- Reeves, Shane Republican
- Watson, Bo Republican
Not signed on (130)
130 members have not signed on to this bill.
Show all 130 →"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.
Subjects
Frequently asked questions
- What does SB 2692 do?
- Bond Issues - As enacted, authorizes the state to issue and sell bonds. -
- Who sponsors SB 2692?
- SB 2692 is sponsored by Johnson, Jack (Republican), Reeves, Shane (Republican), and Watson, Bo (Republican).
- What is the current status of SB 2692?
- This bill has been enacted into law. Introduced February 09, 2026. Enacted.
- Where can I track SB 2692?
- Track SB 2692 free on One Click Politics — get push/email alerts when it moves.
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