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Public Funds and Financing - As enacted, clarifies that "balloon indebtedness" under the Local Government Public Obligations Act of 1986 includes the refinancing of a debt that creates a final maturity date that is 31 or more years from the original date of issuance. - Amends TCA Section 9-21-134.

It became law on Mar 7, 2018.

TN SB 1493 · Senate Bill · 110

Stage
Became law
Started in
Senate
Sponsors
2
Latest action
Mar 7, 2018

Where it stands

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Mar 7, 2018

This bill passed and is now law.

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

Once a bill is decided, the questions are about what is done with it in Tennessee.

Work with this bill

Public Funds and Financing - As enacted, clarifies that "balloon indebtedness" under the Local Government Public Obligations Act of 1986 includes the refinancing of a debt that creates a final maturity date that is 31 or more years from the original date of issuance. - Amends TCA Section 9-21-134. | 52