Tennessee · 114 session · senate
SB 518Utilities, Utility Districts - As enacted, authorizes certain utility systems to borrow money in anticipation of revenue collections and to issue negotiable notes to evidence such borrowing to provide emergency cash flow for such systems, with oversight of such actions by the comptroller of the treasury; establishes deadline for the payment of such notes. - Amends TCA Section 7-34-111; Section 7-36-113; Section 7-82-501; Section 7-82-702; Section 68-221-1311 and Section 68-221-611.
- Status
- Signed into law
- Latest action
- — Effective date(s) 07/01/2025
- Primary sponsor
- Reeves
- Utilities, Utility Districts
Sponsors
- Reeves · primaryprimary
Effective dates
What law changes on each date. Different sections can land on different dates.
- July 1, 2025In effect1 section