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Votes at a glance: several routine bills pass committee, including auto-auction exceptions and loan-rate adjustments
Summary
Committee approved a series of bills with brief debate or no amendments: one-time exceptions for antique auto auctions in Wilson and Chattanooga counties, a wholesale/retail real-estate disclosure bill, and an increase to certain loan acquisition rates.
The committee voted on multiple relatively noncontroversial bills and procedural items and moved them to calendar and rules. Key results recorded by the clerk are listed below.
Votes at a glance
- House Bill 974 (antique auto auction exception at Nashville Superspeedway, Wilson County): Sponsor said the exception covers a single weekend event expected to draw about 20,000 attendees and generate over $1 million in sales-tax revenue; the bill carried an $800 fiscal note the sponsor said would be removed after review. Committee vote: 21 ayes, 0 nos; bill passes and goes to calendar (clerk recorded 21-0).
- House Bill 303 (one-time antique/unique auto auction at the Chattanooga Motor Car Festival): Sponsor said the festival had about 12,000 attendees last year and yielded about $12.3 million in sales. Committee vote: 22 ayes, 0 nos; bill passes and goes to calendar and rules.
- House Bill 775 (increase acquisition charge for B loans from 10% to 12.5% and raise certain interest brackets): Sponsor said the change updates rates last raised in 2012 and 2017 and will broaden eligibility for some loan customers; committee vote recorded 10 ayes, 4 nos (clerk recorded 10-4) and the bill passed the committee.
- House Bill (Martin’s other bills): Representative Martin carried multiple bills; after brief presentation the committee advanced them by voice and recorded votes consistent with passage and referral to calendar rules (individual tallies and bill numbers are recorded in the transcript and committee clerk’s minutes).
Several bills were presented with little debate and will proceed to calendar and rules as noted above.
