Tennessee · Senate Bill 129 · 113th General Assembly

AN ACT to amend Tennessee Code Annotated, Title 4; Title 9; Title 65; Title 67 and Title 68, relative to utilities.

SB 129 Sponsored by Page Walley Became law

  1. Introduced Jan 11, 2023
  2. In committee Jan 20, 2023
  3. Passed the Senate Apr 17, 2024
  4. Passed the House Apr 24, 2024
  5. To the governor May 16, 2024
  6. Became law May 28, 2024

What it does

The legislature's own summary of the bill, or its official long title.

Utilities, Utility Districts - As enacted, prohibits the comptroller of the treasury, in determining whether a utility system is financially distressed, from considering the straight-line depreciation of an asset acquired or completed in the 12 calendar months preceding the audit, so long as the asset's depreciation is calculated in accordance with generally accepted accounting principles and if this prohibition is approved by a simple majority vote of the governing body of a utility system at a meeting of the governing body. - Amends TCA Title 4; Title 9; Title 65; Title 67 and Title 68.

Every action

42 steps, oldest first, as the legislature records them.

Show the 34 earlier steps
  1. SenateFiled for introduction
  2. SenateIntroduced, Passed on First Consideration
  3. CommitteePassed on Second Consideration, refer to Senate State and Local Government Committee · Senate State and Local Government Committee
  4. CommitteePlaced on Senate State and Local Government Committee calendar for 3/7/2023 · Senate State and Local Government Committee
  5. SenateAction deferred in Senate State and Local Government Committee to 3/14/2023
  6. CommitteePlaced on Senate State and Local Government Committee calendar for 3/14/2023 · Senate State and Local Government Committee
  7. SenateAction deferred in Senate State and Local Government Committee to 3/21/2023
  8. CommitteePlaced on Senate State and Local Government Committee calendar for 3/21/2023 · Senate State and Local Government Committee
  9. SenateAssigned to General Subcommittee of Senate State and Local Government Committee
  10. CommitteePlaced on Senate State and Local Government Committee calendar for 3/5/2024 · Senate State and Local Government Committee
  11. SenateAction deferred in Senate State and Local Government Committee to 3/12/2024
  12. CommitteePlaced on Senate State and Local Government Committee calendar for 3/12/2024 · Senate State and Local Government Committee
  13. SenateAction deferred in Senate State and Local Government Committee to 3/19/2024
  14. CommitteePlaced on Senate State and Local Government Committee calendar for 3/19/2024 · Senate State and Local Government Committee
  15. SenateAction deferred in Senate State and Local Government Committee to 3/20/2024
  16. CommitteePlaced on Senate State and Local Government Committee calendar for 3/20/2024 · Senate State and Local Government Committee
  17. SenateAction deferred in Senate State and Local Government Committee to 3/26/2024
  18. CommitteePlaced on Senate State and Local Government Committee calendar for 3/27/2024 · Senate State and Local Government Committee
  19. SenateSponsor(s) Added.
  20. CommitteeRecommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 9, Nays 0 PNV 0 · Senate Calendar Committee
  21. SenateSponsor(s) Added.
  22. SenatePlaced on Senate Regular Calendar for 4/15/2024
  23. SenateSenate Reset on calendar for 4/17/2024
  24. SenateSponsor(s) Added.
  25. SenatePlaced on Senate Regular Calendar for 4/17/2024
  26. SenateSenate adopted Amendment (Amendment 2 - SA1012)
  27. SenateAmendment withdrawn. (Amendment 1 - SA0905)
  28. SenatePassed Senate as amended, Ayes 30, Nays 0
  29. SenatePlaced on Senate Regular Calendar for 4/17/2024
  30. SenateEngrossed; ready for transmission to House
  31. HouseRcvd. from S., held on H. desk.
  32. HouseSubst. for comp. HB.
  33. HouseAm. withdrawn. (Amendment 1 - HA0989)
  34. HouseAm. withdrawn. (Amendment 2 - HA1118)
  1. HousePassed H., Ayes 95, Nays 1, PNV 0
  2. SenateEnrolled and ready for signatures
  3. SenateSigned by Senate Speaker
  4. HouseSigned by H. Speaker
  5. SenateTransmitted to Governor for action.
  6. SenateSigned by Governor.
  7. Secretary of StatePub. Ch. 1004
  8. GovernorEffective date(s) 07/01/2024

Roll calls

3 recorded votes: 2 on the floor, 1 in committee. Each shows how every member voted.

as Amended Third Consideration · Full Senate

Passed 30–0
Apr 17, 2024 · journal entry
Yes 30 No 0
Democrats: 4 yes, 0 no Republicans: 26 yes, 0 no
How each member voted

Yes · 30

REGULAR CALENDAR 2 PASSAGE ON THIRD CONSIDERATION · Full House

Passed 95–1
Apr 24, 2024 · journal entry
Yes 95 No 1
Party not listed: 1 yes, 0 no Democrats: 22 yes, 0 no Republicans: 72 yes, 1 no
How each member voted

Yes · 95

No · 1

Committee and other votes

DateWhereQuestionResult
Mar 27, 2024 Senate State and Local Government Committee State and Local Government Committee: Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 9, Nays 0 PNV 0
Members

Yes · 9

 Passed 9–0

Sponsors

The member who introduced it, joined by 3 cosponsors: 3 Republicans.

All 3 cosponsors

From Tennessee's official records (wapp.capitol.tn.gov), checked Nov 1, 2026. Text links go to the official versions; LegiList does not copy bill text.