Public Funds and Financing - As enacted, creates the Tennessee transportation financing authority to provide financing and refinancing for the development, maintenance, and improvement of transportation facilities within the state; makes related revisions. - Amends TCA Title 4 and Title 54.
SB 6006 creates the Tennessee Transportation Financing Authority (TTF Authority) to provide bonds and financing for state transportation projects like highways, bridges, and transit systems. The authority, governed by a board including the governor and state finance officials, can issue bonds and use user fees to cover project costs - including construction, land acquisition, and engineering expenses. This directly affects how Tennessee funds and manages transportation infrastructure development, maintenance, and improvements statewide. The bill replaces previous financing mechanisms with a dedicated state authority to streamline project funding.
Bill status
signed
all 5 stages cleared
Introduction
Jan 2025
Committee Review
Jan 2025
Senate Passage
Feb 2025
House Passage
Feb 2025
Signed into Law
Feb 2025
Introduced Jan 27, 2025
Signed Feb 12, 2025
Floor votes · Senate Jan 29, 2025 · House Jan 29, 2025
How they voted
31–2
Passed
Total votes 33
Jan 29, 2025
D
Democratic7
100% Yea
R
Republican26
92% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
23
Key actions
12
Committee
8
Feb 12, 2025
Signed into law
Signed by Governor.
lower
Feb 11, 2025
Lower · Passed
Signed by H. Speaker
lower
Feb 10, 2025
Upper · Passed
Signed by Senate Speaker
upper
Jan 29, 2025
Lower · Passed
Recommended for passage, refer to Senate Calendar Committee
lower
Jan 29, 2025
Upper · Passed
Passed Senate, Ayes 31, Nays 2
upper
Jan 29, 2025
Lower · Passed
Passed H., Ayes 80, Nays 17, PNV 0
lower
Jan 28, 2025
Committee
Passed on Second Consideration, refer to Senate Government Operations Committee
upper
Jan 28, 2025
Lower · Passed
Recommended for passage, refer to Senate Transportation and Safety Committee
lower
Jan 28, 2025
Lower · Passed
Recommended for passage, refer to Senate State & Local Government Committee
lower
Jan 27, 2025
Introduced
Introduced, Passed on First Consideration
lower
Jan 27, 2025
Lower · Passed
Placed on Senate Government Operations Committee calendar for 1/28/2025
lower
Jan 27, 2025
Lower · Passed
Placed on Senate Transportation and Safety Committee calendar for 1/28/2025
lower
Jan 27, 2025
Lower · Passed
Placed on Senate State and Local Government Committee calendar for 1/29/2025
lower
Jan 27, 2025
Lower · Passed
Placed on Senate Finance, Ways, and Means Committee calendar for 1/29/2025
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Ferrell Haile
RRepublican
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