Benton County - Subject to local approval, updates the system for the management of county finances, including, but not limited to, budgeting, investment oversight, debt management, and cash management oversight. - Amends Chapter 541 of the Private Acts of 1939; as amended and rewritten.
This bill updates the financial management system for Benton County, Tennessee, to modernize budgeting, investment, and debt oversight. It establishes a five-member Budget Committee responsible for preparing annual budgets that must include public hearings for citizen input before adoption by local officials. The County Legislative Body retains the authority to adjust budget line items within state rules but must adopt a balanced budget based on previous tax collection data. Additionally, the legislation defines key financial terms and sets specific timelines for creating and reviewing county expenditures.
Bill status
signed
all 5 stages cleared
Introduction
Apr 2026
Committee Review
Apr 2026
House Passage
Apr 2026
Senate Passage
May 2026
Signed into Law
May 2026
Introduced Apr 16, 2026
Signed May 21, 2026
Floor votes
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
19
Key actions
10
Committee
6
May 21, 2026
Signed into law
Signed by Governor.
lower
May 5, 2026
Upper · Passed
Signed by Senate Speaker
upper
Apr 30, 2026
Lower · Passed
Signed by H. Speaker
lower
Apr 23, 2026
Upper · Passed
Passed Senate, Ayes 33, Nays 0
upper
Apr 22, 2026
Lower · Passed
Placed on cal. Private Acts Committee for 4/22/2026
lower
Apr 22, 2026
Lower · Passed
Rec. for pass; ref to State & Local Government Committee
lower
Apr 22, 2026
Lower · Passed
Placed on cal. State & Local Government Committee for 4/22/2026
lower
Apr 22, 2026
Lower · Passed
Rec. for pass; ref to Calendar & Rules Committee
lower
Apr 22, 2026
Lower · Passed
Placed on cal. Calendar & Rules Committee for 4/22/2026
lower
Apr 22, 2026
Lower · Passed
Passed H., Ayes 93, Nays 0, PNV 0
lower
Apr 20, 2026
Committee
P2C, ref. to Private Acts Committee - State & Local Government Committee
lower
Apr 16, 2026
Introduced
Intro., P1C.
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jay Reedy
RRepublican
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