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TennesseeHB 0331114th General Assembly (2025-2026)HouseWALLET

AN ACT to amend Tennessee Code Annotated, Section 13-23-121, relative to the Tennessee housing development agency.

Sponsored By: Charlie Baum (Republican)

Became Law

Tennessee Housing Development Agency

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Higher borrowing cap for state housing agency

The law raises the Tennessee Housing Development Agency’s bond and note cap from $4 billion to $5 billion. The agency can now have up to $5 billion outstanding at one time. This gives it more room to fund below‑market home loans and other housing finance for low‑ and moderate‑income Tennesseans. The change takes effect immediately.

Sponsors & Cosponsors

Sponsor

  • Charlie Baum

    Republican • House

Cosponsors

  • Rusty Grills

    Republican • House

  • Justin Jones

    Democrat • House

  • Larry J. Miller

    Democrat • House

Roll Call Votes

All Roll Calls

Yes: 240 • No: 1

House vote • 4/16/2025

FLOOR VOTE: MESSAGE CALENDAR CONCUR IN SENATE AMENDMENT # 1 4/16/2025

Yes: 88 • No: 0

Senate vote • 4/14/2025

FLOOR VOTE: as Amended Third Consideration 4/14/2025

Yes: 31 • No: 1

House vote • 2/24/2025

FLOOR VOTE: CONSENT CALENDAR PASSAGE ON THIRD CONSIDERATION 2/24/2025

Yes: 93 • No: 0

House vote • 2/24/2025

HOUSE CALENDAR & RULES COMMITTEE

Yes: 0 • No: 0

House vote • 2/19/2025

HOUSE STATE & LOCAL GOVERNMENT COMMITTEE

Yes: 21 • No: 0

House vote • 2/12/2025

HOUSE CITIES & COUNTIES SUBCOMMITTEE

Yes: 7 • No: 0

Actions Timeline

  1. Pub. Ch. 338

    5/8/2025

  2. Effective date(s) 05/02/2025

    5/8/2025

  3. Signed by Governor.

    5/2/2025

  4. Signed by H. Speaker

    4/22/2025House

  5. Signed by Senate Speaker

    4/22/2025Senate

  6. Transmitted to Governor for his action.

    4/22/2025House

  7. Enrolled; ready for sig. of H. Speaker.

    4/17/2025House

  8. H. concurred in S. am. no. 1 Ayes 88, Nays 0 PNV 2 HB0331

    4/16/2025House

  9. H. Placed on Message Calendar 4/16/2025

    4/15/2025House

  10. Senate substituted House Bill for companion Senate Bill.

    4/14/2025Senate

  11. Senate adopted Amendment (Amendment 1 - SA0037)

    4/14/2025Senate

  12. Passed Senate as amended, Ayes 31, Nays 1

    4/14/2025Senate

  13. Received from House, Passed on First Consideration

    2/27/2025Senate

  14. Engrossed; ready for transmission to Sen.

    2/25/2025House

  15. Sponsor(s) Added.

    2/24/2025House

  16. Passed H., Ayes 93, Nays 0, PNV 2

    2/24/2025House

  17. H. Placed on Consent Calendar for 2/24/2025

    2/20/2025House

  18. Rec. for pass; ref to Calendar & Rules Committee

    2/19/2025House

  19. Placed on cal. Calendar & Rules Committee for 2/20/2025

    2/19/2025House

  20. Rec. for pass by s/c ref. to State & Local Government Committee

    2/12/2025House

  21. Placed on cal. State & Local Government Committee for 2/19/2025

    2/12/2025House

  22. Placed on s/c cal Cities & Counties Subcommittee for 2/12/2025

    2/5/2025House

  23. Sponsor(s) Added.

    2/4/2025House

  24. P2C, ref. to State & Local Government Committee

    2/3/2025House

  25. Assigned to s/c Cities & Counties Subcommittee

    2/3/2025House

Bill Text

  • Enrolled / Public Chapter

    PDF

  • Fiscal Note

    PDF

  • Introduced

    PDF

  • SA0037

    PDF

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