Tennessee · 114th Regular Session (2025-2026) · Bill

HB 1672: Local Government, General - As enacted, makes changes to the process by which local governments may issue and sell grant anticipation notes; authorizes the comptroller to approve certain notes issued by a local government if the local government demonstrates that a natural disaster has caused economic distress. - Amends TCA Title 9, Chapter 13, Part 2 and Title 9, Chapter 21, Part 7.

In committee Last action April 27, 2026: Comp. became Pub. Ch. 694

Plain-language summary

HB 1672 is a bill introduced in the Tennessee House on January 14, 2026. According to its official title, it concerns: Local Government, General - As enacted, makes changes to the process by which local governments may issue and sell grant anticipation notes; authorizes the comptroller to approve certain notes issued by a local government if the local government demonstrates that a natural disaster has caused economic distress. - Amends TCA Title 9, Chapter 13, Part 2 and Title 9, Chapter 21, Part 7. Primary sponsor: Renea Jones (Republican). Most recent recorded action (April 27, 2026): Comp. became Pub. Ch. 694.

Sponsors

Primary sponsor: Renea Jones (Republican).