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: Sponsor information unavailable

Signed by Governor

Tennessee Housing Development Agency

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Bill Overview

Analyzed Economic Effects

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

Tennessee housing agency gets higher borrowing limit

The law raises the Tennessee Housing Development Agency’s limit on outstanding bonds and notes from $4 billion to $5 billion. The agency gets more room to borrow, but its total outstanding debt remains capped at $5 billion. This supports its ability to offer below-market-rate loans to low- and moderate-income Tennesseans. The law does not provide new funding, require more borrowing, or guarantee household benefits. The change took effect when the act became law.

Sponsors & Cosponsors

Sponsors

There is no primary sponsor on record.

Cosponsors

  • Rusty Grills

    Republican • House

  • Renea Jones

    Republican • 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

HOUSE CALENDAR & RULES COMMITTEE

Yes: 0 • No: 0

House vote • 2/24/2025

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

Yes: 93 • 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

Bill Text

  • Enrolled / Public Chapter

  • Fiscal Note

  • Introduced

  • SA0037

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