# Tennessee HB 1403: 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.

Tennessee HB 1403, 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., is a 114th General Assembly (2025-2026) House bill sponsored by no sponsor on record; status failed, last action 2026-01-14 (Assigned to s/c Finance, Ways, and Means Subcommittee) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/TN-HB1403-2025-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Tennessee HB 1403
- State: Tennessee
- Session: 114th General Assembly (2025-2026)
- Title: 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.
- Status: failed
- Chamber: House
- Introduced: 2025-02-10
- Last action: 2026-01-14, Assigned to s/c Finance, Ways, and Means Subcommittee
- Sponsors: no sponsor on record
- Cosponsors: 0
- Subjects: Bond Issues
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- (none)

## Actions (5)

- 2026-01-14: Assigned to s/c Finance, Ways, and Means Subcommittee (House)
- 2026-01-14: P2C, ref. to Finance, Ways, and Means Committee (House)
- 2026-01-13: Intro., P1C. (House)
- 2025-02-10: Ref. to Delayed Bills Committee (House)
- 2025-02-10: Filed for introduction (House)

## Bill text

- Fiscal Note: [PDF](https://capitol.tn.gov/Bills/114/Fiscal/SB1392.pdf)
- Introduced: [PDF](https://capitol.tn.gov/Bills/114/Bill/HB1403.pdf)

## Related bills

- HB 1380: AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 5, Part 7, relative to property tax relief for elderly persons. (failed)
- HB 1346: AN ACT to amend Tennessee Code Annotated, Title 40, Chapter 32, Part 1, relative to expunction of criminal records. (failed)
- HB 0794: AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; Title 8; Title 12; Title 13; Title 29; Title 54; Title 64; Title 65; Title 68 and… (failed)
- HB 0489: AN ACT to amend Tennessee Code Annotated, Title 38; Title 39; Title 40 and Title 55, relative to criminal law. (failed)
- HB 0162: AN ACT to amend Tennessee Code Annotated, Title 67, relative to taxes. (failed)
- SB 2733: AN ACT to amend Chapter 33 of the Private Acts of 1985; as amended by Chapter 85 of the Private Acts of 2004; and any other acts amendatory thereto, relative t… (failed)

## Sources
- [Fiscal Note (PDF)](https://capitol.tn.gov/Bills/114/Fiscal/SB1392.pdf)
- [Introduced (PDF)](https://capitol.tn.gov/Bills/114/Bill/HB1403.pdf)

## Related
- [HB 1380: AN ACT to amend Tennessee Code Annotated, Title 67, Chapter 5, Part 7, relative…](https://policyrisk.com/state-bill/TN-HB1380-2025-2026)
- [HB 1346: AN ACT to amend Tennessee Code Annotated, Title 40, Chapter 32, Part 1, relativ…](https://policyrisk.com/state-bill/TN-HB1346-2025-2026)
- [HB 0794: AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; T…](https://policyrisk.com/state-bill/TN-HB0794-2025-2026)
- [HB 0489: AN ACT to amend Tennessee Code Annotated, Title 38; Title 39; Title 40 and Titl…](https://policyrisk.com/state-bill/TN-HB0489-2025-2026)
- [HB 0162: AN ACT to amend Tennessee Code Annotated, Title 67, relative to taxes.](https://policyrisk.com/state-bill/TN-HB0162-2025-2026)
- [SB 2733: AN ACT to amend Chapter 33 of the Private Acts of 1985; as amended by Chapter 8…](https://policyrisk.com/state-bill/TN-SB2733-2025-2026)
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Source: PRIA, https://policyrisk.com/state-bill/TN-HB1403-2025-2026 (as of 2026-11-01).