Tennessee Senate Bill SB0071

Tennessee 2025-2026 Regular Session

• Introduced: 1/9/25
• Engrossed: 2/20/25
• Enrolled: 2/20/25
• Passed: 3/10/25
• Chaptered: 3/21/25

Caption

AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 14 and Title 4, Chapter 29, relative to the industrial development division, building finance committee.

Summary

SB0071 makes a narrow organizational change to Tennessee law concerning the Industrial Development Division and its Building Finance Committee. The bill amends Title 4, Chapter 14 and Title 4, Chapter 29 of the Tennessee Code Annotated to reflect the committee created by Section 4-14-108. Specifically, the bill removes subdivision (24) from the list of entities in Tennessee Code Annotated § 4-29-246(a) and adds the Industrial Development Division, Building Finance Committee to the list in § 4-29-252(a). In practical terms, this appears to update the statutory treatment of the committee within the state’s boards and commissions framework, likely affecting how the committee is recognized for administrative and sunset-review purposes under Title 4, Chapter 29.

Impact

The bill’s main legal effect is to revise Tennessee’s statutory listings of state entities by deleting one reference and adding the Industrial Development Division, Building Finance Committee to a different section of the code. This changes how the committee is categorized within the state’s boards, commissions, and related administrative provisions, but it does not appear to create a new program, impose new regulatory duties, or alter substantive industrial development policy.

Sentiment

The available legislative history suggests the bill was noncontroversial and received favorable treatment. It passed the Senate Government Operations Committee unanimously, 9-0, with a recommendation for passage and referral to the Senate Calendar Committee. The absence of recorded opposition or committee transcript debate indicates general support and little visible disagreement.

Contention

No major points of contention are evident in the available materials. Because the bill is a technical statutory update involving the placement of a committee within Tennessee’s code, any concerns would likely have centered on administrative classification rather than policy substance. The unanimous committee vote suggests that legislators viewed the measure as routine housekeeping legislation.