TennesseeHB 1278114th General Assembly (2025-2026)House

AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; Title 9 and Title 58, relative to providing financial assistance in counties impacted by Hurricane Helene.

Sponsored By: Sponsor information unavailable

Signed by Governor

Public Funds and Financing

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Bill Overview

Analyzed Economic Effects

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

Loan cost help for Helene-hit local governments

The law creates the Hurricane Helene Interest Payment Fund and took effect when it became law. Local governments qualify if their county was included in the federal disaster declaration for Hurricane Helene. The fund can cover lender charges for processing and servicing loans used for eligible Helene recovery costs. These include origination, application, appraisal, payment processing, and brokerage fees. It can also cover interest for up to three years, capped at the lower of 5% or the prime rate.

Sponsors & Cosponsors

Sponsors

There is no primary sponsor on record.

Cosponsors

  • Rebecca K. Alexander

    Republican • House

  • John Ray Clemmons

    Democrat • House

  • John Crawford

    Republican • House

  • Rick Eldridge

    Republican • House

  • Jeremy Faison

    Republican • House

  • David B. Hawk

    Republican • House

  • Gary Hicks

    Republican • House

  • Tim Hicks

    Republican • House

  • Dan Howell

    Republican • House

  • Bud Hulsey

    Republican • House

  • Renea Jones

    Republican • House

  • Chris Todd

    Republican • House

  • White

    Affiliation unavailable

  • Ryan Williams

    Republican • House

Roll Call Votes

All Roll Calls

Yes: 230 • No: 0

Senate vote • 4/22/2025

FLOOR VOTE: Third Consideration 4/22/2025

Yes: 32 • No: 0

House vote • 4/21/2025

HOUSE CALENDAR & RULES COMMITTEE

Yes: 0 • No: 0

House vote • 4/21/2025

FLOOR VOTE: REGULAR CALENDAR AS AMENDED PASSAGE ON THIRD CONSIDERATION 4/21/2025

Yes: 93 • No: 0

House vote • 4/17/2025

HOUSE FINANCE, WAYS, AND MEANS SUBCOMMITTEE

Yes: 11 • No: 0

House vote • 4/17/2025

HOUSE FINANCE, WAYS, AND MEANS COMMITTEE

Yes: 28 • No: 0

House vote • 4/17/2025

HOUSE FINANCE, WAYS, AND MEANS COMMITTEE

Yes: 27 • No: 0

House vote • 4/16/2025

HOUSE GOVERNMENT OPERATIONS COMMITTEE

Yes: 11 • No: 0

House vote • 4/2/2025

HOUSE STATE & LOCAL GOVERNMENT COMMITTEE

Yes: 20 • No: 0

House vote • 3/18/2025

HOUSE DEPARTMENTS & AGENCIES SUBCOMMITTEE

Yes: 8 • No: 0

Actions Timeline

  1. Effective date(s) 05/21/2025

    5/27/2025
  2. Pub. Ch. 521

    5/27/2025
  3. Signed by Governor.

    5/21/2025
  4. Transmitted to Governor for his action.

    5/9/2025House
  5. Signed by Senate Speaker

    5/8/2025Senate
  6. Signed by H. Speaker

    4/30/2025House
  7. Enrolled; ready for sig. of H. Speaker.

    4/28/2025House
  8. Passed Senate, Ayes 32, Nays 0

    4/22/2025Senate
  9. Amendment withdrawn. (Amendment 2 - SA0442)

    4/22/2025Senate
  10. Amendment withdrawn. (Amendment 1 - SA0320)

    4/22/2025Senate
  11. Senate substituted House Bill for companion Senate Bill.

    4/22/2025Senate
  12. Received from House, Passed on First Consideration

    4/22/2025Senate
  13. Engrossed; ready for transmission to Sen.

    4/21/2025House
  14. Passed H., as am., Ayes 93, Nays 0, PNV 0

    4/21/2025House
  15. H. adopted am. (Amendment 2 - HA0499)

    4/21/2025House
  16. H. adopted am. (Amendment 1 - HA0292)

    4/21/2025House
  17. Sponsor(s) Added.

    4/21/2025House
  18. H. Placed on Regular Calendar for 4/21/2025

    4/17/2025House
  19. Placed on cal. Calendar & Rules Committee for 4/17/2025

    4/17/2025House
  20. Rec. for pass. if am., ref. to Calendar & Rules Committee

    4/17/2025House
  21. Sponsor(s) Added.

    4/17/2025House
  22. Rec for pass if am by s/c ref. to Finance, Ways, and Means Committee

    4/17/2025House
  23. Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/17/2025

    4/16/2025House
  24. Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/16/2025

    4/16/2025House
  25. Assigned to s/c Finance, Ways, and Means Subcommittee

    4/16/2025House

Bill Text

  • HA0292 (Substitute)

    4/21/2025

  • HA0499 (Substitute)

    4/21/2025

  • Enrolled / Public Chapter

  • Fiscal Note

  • Introduced

  • SA0320

  • SA0442

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