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TN HB2511
Bill
Status
2/3/2026
Primary Sponsor
Cameron Sexton
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AI Summary
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Amends Tennessee Code Annotated, Section 9-4-5107(a) to add airport authorities established under Title 42, Chapters 3 or 4 to the list of entities eligible for state debt service appropriations
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Expands existing provisions that currently cover the housing development agency to now include airport authorities for funding debt service payments
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Creates indefinite appropriation authority for debt service obligations related to qualifying airport authorities
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Effective date of July 1, 2026
Legislative Description
AN ACT to amend Tennessee Code Annotated, Title 9, to clarify the appropriation of funds to certain debt issuers for debt service payments. This act makes appropriations for debt service obligations for an indefinite period of time.
Appropriations
Last Action
Reset on Final cal. of Calendar & Rules Committee
3/12/2026