House Bill 1500 streamlines accounting and financial reporting standards
(NASHVILLE) — State Representative Kevin Vaughan (R-Collierville) has officially passed his first bill as a member of the Tennessee General Assembly 
and the House Republican Caucus.
House Bill 1500 streamlines local government operations by updating the Local Government Modernization Act of 2005. This ensures that local governments are in compliance as it relates to the accounting and financial reporting standards established by the Governmental Accounting Standards Board. The measure will now head to Governor Bill Haslam’s desk where it will be signed into law.
“My first year as a member of the House Republican Caucus has been an incredibly rewarding experience,” said Representative Vaughan. “I am proud to serve the people of our community, and I am grateful to partner with my 
Republican colleagues in order to advance Tennessee’s conservative values. Together, I know our efforts will ensure that our community, region, and state continue to thrive.”
Vaughan is sponsoring 10 bills and co-sponsoring 5 additional initiatives during the 2018 legislative session.
The full text of House Bill 1500 can be found by click here.
Kevin Vaughan serves as a member of the House Insurance & Banking and the House Business & Utilities Committees. He lives in Collierville and represents House District 95, which includes part of Shelby County. He can be reached by calling (615) 741-1866 or by email at [email protected].
