2025-2026 Regular SessionTennessee Legislature

SB0758: AN ACT to amend Tennessee Code Annotated, Title 7, Chapter 53, Part 3, relative to industrial development corporations.

Legislative Summary

As introduced, redefines "remediation site" to include a 501(c)(3) nonprofit entity whose main purpose is to promote industrial development and new nuclear development upon dissolution of the existing nonprofit entity. - Amends TCA Title 7, Chapter 53, Part 3.

Demographic Impact

Overall analysis of equity impact

60% Positive
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Bill History

2/4/2025
Filed for introduction
Senate
2/10/2025
Introduced, Passed on First Consideration
Senate
2/12/2025
Passed on Second Consideration, refer to Senate Commerce and Labor Committee
Senate
2/25/2025
Placed on Senate Commerce and Labor Committee calendar for 3/4/2025
Senate
2/25/2025
Placed on Senate Commerce and Labor Committee calendar for 3/4/2025
Senate
3/4/2025
Recommended for passage, refer to Senate Calendar Committee
Senate
3/7/2025
Placed on Senate Consent Calendar 2 for 3/10/2025
Senate
3/10/2025
Passed Senate, Ayes 30, Nays 0
Senate
3/10/2025
Engrossed; ready for transmission to House
Senate
3/13/2025
Rcvd. from S., held on H. desk.
House of Representatives
4/16/2025
Subst. for comp. HB.
House of Representatives
4/16/2025
Passed H., Ayes 79, Nays 9, PNV 2
House of Representatives
4/22/2025
Enrolled and ready for signatures
Senate
4/22/2025
Signed by Senate Speaker
Senate
4/22/2025
Signed by H. Speaker
House of Representatives
4/23/2025
Transmitted to Governor for action.
Senate

Roll Call Votes

FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION
4/16/2025
79
Yea
9
Nay
2
Not Voting
0
Absent
Result: PASSED
FLOOR VOTE: Motion to Adopt
3/10/2025
30
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
SENATE COMMERCE AND LABOR COMMITTEE: Recommended for passage, refer to Senate Calendar Committee
3/4/2025
7
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED

Status Information

Current Status
Enrolled(4/22/2025)
Chamber
Senate

Sponsors

Republican: 1

Primary Sponsor

Ken Yager
Ken Yager
Republican

Documents

Draft
Bill Text2/4/20257.8 KB
Fiscal Note
Fiscal Note2/27/2025118.1 KB