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

SB 114: Public Funds and Financing - As enacted, broadens certain disclosure obligations of state and local governmental entities by requiring their disclosure of covenant violations and credit rating downgrades to the comptroller of the treasury or the comptroller's designee. - Amends TCA Section 9-21-134.

Enacted Last action March 21, 2025: Pub. Ch. 17

Plain-language summary

SB 114 is a bill introduced in the Tennessee Senate on January 13, 2025. According to its official title, it concerns: Public Funds and Financing - As enacted, broadens certain disclosure obligations of state and local governmental entities by requiring their disclosure of covenant violations and credit rating downgrades to the comptroller of the treasury or the comptroller's designee. - Amends TCA Section 9-21-134. Primary sponsor: Bobby Harshbarger (Republican). Most recent recorded action (March 21, 2025): Pub. Ch. 17.

Sponsors

Primary sponsor: Bobby Harshbarger (Republican).