Tennessee · 114
SB 857
Housing - As enacted, authorizes any county having made loans in excess of the amount of funds in the initial capitalization of the loan fund pool for the county to terminate its participation in the homebuyers' revolving loan fund pool with notice to the Tennessee housing development agency and to retain all funds, including any funds used for initial capitalization or interest earnings on repayments. - Amends TCA Title 13, Chapter 23.
Bill record: Open States bulk CSV (bills/votes) ocd-bill/71def4d5-6435-4ef4-86b3-9ed7a0f12ec4 CC0-1.0
Summary AI-generated
SB 857 amends TCA Title 13, Chapter 23 to authorize Tennessee counties that have issued loans exceeding their initial capitalization to terminate participation in the homebuyers' revolving loan fund pool. Upon providing notice to the Tennessee Housing Development Agency, these counties may retain all funds, including initial capitalization amounts and interest earnings from repayments.
Software-generated, grounded only in the bill's own fields (it does not invent outcomes, amounts, or dates). Provenance: Open States bulk CSV (bills/votes) CC0-1.0 GovTally LLM enrichment (local oMLX)
Issue tags AI-classified
Classified by a local model from the bill's text; confidence shown. GovTally LLM enrichment (local oMLX)
Sponsors
- Brent Taylor Republican lead
Roll-call votes on this bill
| Motion / question | Chamber | Stage | Roll | Outcome | Yea | Nay | Other | Date | Source |
|---|---|---|---|---|---|---|---|---|---|
| FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION 4/21/2025 Passed (1) | lower | — | 4b440beb-78a7-4a41-9d04-6fd85fc919e0 | pass | 0 | 0 | 1 | Apr 21, 2025 | Open States bulk CSV (bills/votes) ocd-vote/4b440beb-78a7-4a41-9d04-6fd85fc919e0 CC0-1.0 |
| FLOOR VOTE: Motion to Adopt 3/27/2025 Passed | upper | — | 908272e6-6047-4b31-826a-234d7bf4197a | pass | 0 | 0 | 0 | Mar 27, 2025 | Open States bulk CSV (bills/votes) ocd-vote/908272e6-6047-4b31-826a-234d7bf4197a CC0-1.0 |
| SENATE JUDICIARY COMMITTEE: Recommended for passage, refer to Senate Calendar… | upper | — | a4a7955a-e621-4638-8b63-0194cdb57e24 | pass | 0 | 0 | 0 | Mar 24, 2025 | Open States bulk CSV (bills/votes) ocd-vote/a4a7955a-e621-4638-8b63-0194cdb57e24 CC0-1.0 |