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

HB 1047: Economic and Community Development - As introduced, enacts the "Employee Ownership, Empowerment, and Expansion Act" to support the growth and expansion of employee-owned businesses. - Amends TCA Title 4; Title 8; Title 9; Title 12, Chapter 3; Title 45; Title 50; Title 56, Chapter 1 and Title 67.

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

HB 1047 is a bill introduced in the Tennessee House on February 5, 2025. According to its official title, it concerns: Economic and Community Development - As introduced, enacts the "Employee Ownership, Empowerment, and Expansion Act" to support the growth and expansion of employee-owned businesses. - Amends TCA Title 4; Title 8; Title 9; Title 12, Chapter 3; Title 45; Title 50; Title 56, Chapter 1 and Title 67. Primary sponsor: Pat Marsh (Republican). Most recent recorded action (January 21, 2026): Taken off notice for cal in s/c Business and Utilities Subcommittee of Commerce Committee.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Sponsors

Sponsors by party (alphabetical): Republican 1

NameRolePartyChamberDistrict
Pat MarshPrimary sponsorRepublicanHouse62

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Taken off notice for cal in s/c Business and Utilities Subcommittee of Commerce Committee
  2. Placed on s/c cal Business & Utilities Subcommittee for 1/21/2026
  3. No Action Taken
  4. Action Def. in s/c Business and Utilities Subcommittee to 3/19/2025
  5. Placed on s/c cal Business & Utilities Subcommittee for 3/19/2025
  6. Placed on s/c cal Business & Utilities Subcommittee for 3/12/2025
  7. Assigned to s/c Business & Utilities Subcommittee
  8. P2C, ref. to Commerce Committee - Government Operations for Review
  9. Intro., P1C.
  10. Filed for introduction

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source