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HB2085 • 2026

Public Funds and Financing

AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; Title 8; Title 9 and Title 67, relative to government finances.

Taxes
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Boyd, Johnson
Last action
2026-04-16
Official status
H. Placed on Regular Calendar for 4/20/2026
Effective date
Not listed

Plain English Breakdown

The official summary does not provide specific details about what happens if decisions are not made within the new timeframe or how existing plans will be affected, so these points remain speculative.

Changing Time Limits for Reviewing Tax Revenues

This bill changes the time limit from 30 to 45 days for reviewing tax increment revenue allocations in economic impact plans lasting over 20 years and redevelopment or community redevelopment plans lasting over 30 years.

What This Bill Does

  • Changes the review period from 30 days to 45 days for allocating tax increment revenues for periods longer than 20 years in economic impact plans, or 30 years in redevelopment or community redevelopment plans.

Who It Names or Affects

  • The commissioner of economic and community development
  • The comptroller

Terms To Know

Tax increment revenue
Money collected from taxes that is used to fund projects like economic development or redevelopment.
Economic impact plan
A plan designed to improve the economy in a specific area by attracting businesses and creating jobs.

Limits and Unknowns

  • The bill does not specify what happens if a decision is not made within the new 45-day period.
  • It's unclear how this change will affect existing plans or projects that are already underway.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

Amendment 1-0 to HB2085

Plain English: House State & Local Government 1 Amendment No.

  • House State & Local Government 1 Amendment No.
  • 1 to HB2085 Crawford Signature of Sponsor AMEND Senate Bill No.
  • 1672* House Bill No.
  • 2085 HA1135 016922 - 1 - by deleting all language after the enacting clause and substituting: SECTION 1.
Amendment 2-0 to HB2085

Plain English: House Finance, Ways, and Means 1 Amendment No.

  • House Finance, Ways, and Means 1 Amendment No.
  • 2 to HB2085 Hicks G Signature of Sponsor AMEND Senate Bill No.
  • 1672* House Bill No.
  • 2085 HA1199 017804 - 1 - by deleting all language after the enacting clause and substituting: SECTION 1.
Amendment 1-0 to SB1672

Plain English: Senate State and Local Government 1 Amendment No.

  • Senate State and Local Government 1 Amendment No.
  • 1 to SB1672 Briggs Signature of Sponsor AMEND Senate Bill No.
  • 1672* House Bill No.
  • 2085 SA0899 016448 - 1 - by deleting all language after the enacting clause and substituting: SECTION 1.
Amendment 2-0 to SB1672

Plain English: Senate Finance, Ways, and Means 1 Amendment No.

  • Senate Finance, Ways, and Means 1 Amendment No.
  • 2 to SB1672 Watson Signature of Sponsor AMEND Senate Bill No.
  • 1672* House Bill No.
  • 2085 SA1051 017756 - 1 - by deleting all language after the enacting clause and substituting: SECTION 1.

Bill History

  1. 2026-04-17 Tennessee General Assembly

    Placed on Senate Regular Calendar for 4/21/2026

  2. 2026-04-17 Tennessee General Assembly

    Placed on Senate Regular Calendar for 4/21/2026

  3. 2026-04-16 Tennessee General Assembly

    H. Placed on Regular Calendar for 4/20/2026

  4. 2026-04-15 Tennessee General Assembly

    Placed on cal. Calendar & Rules Committee for 4/16/2026

  5. 2026-04-15 Tennessee General Assembly

    Rec. for pass. if am., ref. to Calendar & Rules Committee

  6. 2026-04-15 Tennessee General Assembly

    Placed on cal. Finance, Ways, and Means Committee for 4/15/2026

  7. 2026-04-15 Tennessee General Assembly

    Rec for pass if am by s/c ref. to Finance, Ways, and Means Committee

  8. 2026-04-15 Tennessee General Assembly

    Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/15/2026

  9. 2026-04-15 Tennessee General Assembly

    Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/15/2026

  10. 2026-04-15 Tennessee General Assembly

    Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 10, Nays 0 PNV 1

  11. 2026-04-14 Tennessee General Assembly

    Placed behind the budget

  12. 2026-04-14 Tennessee General Assembly

    Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2026

  13. 2026-04-14 Tennessee General Assembly

    Assigned to s/c Finance, Ways, and Means Subcommittee

  14. 2026-04-14 Tennessee General Assembly

    Rec. for pass; ref to Finance, Ways, and Means Committee

  15. 2026-04-14 Tennessee General Assembly

    Placed on Senate Finance, Ways, and Means Committee calendar for 4/15/2026

  16. 2026-04-14 Tennessee General Assembly

    Action deferred in Senate Finance, Ways, and Means Committee to 4/15/2026

  17. 2026-04-13 Tennessee General Assembly

    Placed on cal. Government Operations Committee for 4/14/2026

  18. 2026-04-13 Tennessee General Assembly

    Rec. for pass. if am., ref. to Government Operations Committee

  19. 2026-04-08 Tennessee General Assembly

    Placed on cal. State & Local Government Committee for 4/13/2026

  20. 2026-04-08 Tennessee General Assembly

    Action def. in State & Local Government Committee to 4/15/2026

  21. 2026-04-08 Tennessee General Assembly

    Placed on Senate Finance, Ways, and Means Committee calendar for 4/14/2026

  22. 2026-04-01 Tennessee General Assembly

    Placed on cal. State & Local Government Committee for 4/8/2026

  23. 2026-03-31 Tennessee General Assembly

    Rec for pass if am by s/c ref. to State & Local Government Committee

  24. 2026-03-26 Tennessee General Assembly

    Placed on s/c cal Cities & Counties Subcommittee for 3/31/2026

  25. 2026-03-25 Tennessee General Assembly

    Recommended for passage with amendment/s, refer to Senate Finance, Ways, and Means Committee Ayes 9, Nays 0 PNV 0

  26. 2026-03-25 Tennessee General Assembly

    Placed on Senate State and Local Government Committee calendar for 3/25/2026

  27. 2026-03-24 Tennessee General Assembly

    Sponsor(s) withdrawn.

  28. 2026-03-24 Tennessee General Assembly

    Sponsor change.

  29. 2026-03-24 Tennessee General Assembly

    Assigned to s/c Cities & Counties Subcommittee

  30. 2026-03-24 Tennessee General Assembly

    Reassigned to State & Local Government Committee - Government Operations for Review - Fiannce, Ways & Means Committee

  31. 2026-03-24 Tennessee General Assembly

    Placed on Senate State and Local Government Committee calendar for 3/25/2026

  32. 2026-03-24 Tennessee General Assembly

    Action deferred in Senate State and Local Government Committee to 3/25/2026

  33. 2026-03-18 Tennessee General Assembly

    Ref. to Government Operations Committee for Review - Finance Ways & Means Committee

  34. 2026-03-18 Tennessee General Assembly

    Placed on Senate State and Local Government Committee calendar for 3/24/2026

  35. 2026-03-17 Tennessee General Assembly

    Action deferred in Senate State and Local Government Committee to 3/24/2026

  36. 2026-03-11 Tennessee General Assembly

    Placed on Senate State and Local Government Committee calendar for 3/17/2026

  37. 2026-02-04 Tennessee General Assembly

    P2C, caption bill, held on desk - pending amdt.

  38. 2026-02-02 Tennessee General Assembly

    Intro., P1C.

  39. 2026-01-23 Tennessee General Assembly

    Filed for introduction

  40. 2026-01-21 Tennessee General Assembly

    Passed on Second Consideration, refer to Senate State and Local Government Committee

  41. 2026-01-15 Tennessee General Assembly

    Introduced, Passed on First Consideration

  42. 2026-01-14 Tennessee General Assembly

    Filed for introduction

Official Summary Text

Abstract summarizes the bill.

Current Bill Text

Read the full stored bill text
SENATE BILL 1672
By Johnson

HOUSE BILL 2085
By Boyd
HB2085
010716
- 1 -

AN ACT to amend Tennessee Code Annotated, Title 4;
Title 5; Title 6; Title 7; Title 8; Title 9 and Title 67,
relative to government finances.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
SECTION 1. Tennessee Code Annotated, Section 9-23-104, is amended by deleting
"thirty (30) days" and substituting "forty-five (45) days".
SECTION 2. This act takes effect upon becoming law, the public welfare requiring it.