Shown verbatim: the complete text as captured from the official PDF posted by the Tennessee General Assembly, fetched 2026-09-25. Page and line markers are part of the official record; nothing is edited or removed. This is the chaptered version. The official bill page.
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PUBLIC CHAPTER NO. 274
SENATE BILL NO. 1281
By Johnson
Substituted for: House Bill No. 1309
By Lamberth, Cochran, Brock Martin, Shaw
AN ACT to amend Tennessee Code Annotated, Section 64-9-107, relative to the management of utility
systems.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
SECTION 1. Tennessee Code Annotated, Section 64-9-107, is amended by inserting the
following as a new subsection:
(e)(1) Interest income accruing on investments and deposits as a result of subsection (a) must
be credited to a separate account for the purpose of carrying out this section, must not revert
to the general fund, and must be carried forward into each subsequent fiscal year.
(2) This subsection (e) is deleted on June 30, 2029.
SECTION 2. This act takes effect upon becoming a law, the public welfare requiring it.
SENATE BILL NO. 1281
PASSED: April 14, 2025
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, RANDY Mc~ALLY
SPEAKER OF THE SENATE
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CAMERONSEXTON,SPEAKER
HOUSE OF REPRESENTATIVES
Apn~, APPROVED this a4ttday of 2025
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