TennesseeSB 1618114th General Assembly (2025-2026)SenateWALLET

AN ACT to amend Tennessee Code Annotated, Title 45, Chapter 10, relative to financial records.

Sponsored By: Bill Powers (Republican)

Became Law

Banks and Financial Institutions

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 0 costs, 1 mixed.

New rules for bank record subpoenas

Beginning July 1, 2026, financial institutions must serve you a copy of any subpoena for your records if you can be served. If you are a named party in a case, service follows the normal civil pleading rules. If the institution reasonably believes you are deceased, it does not have to confirm service on you, your estate, or your heirs. Records must be delivered the way and place the subpoena says. If not specified, the issuer and custodian can agree on a method, including electronic delivery. If they cannot agree, the custodian may use hand delivery, U.S. mail, or a delivery service; if no location is listed, the custodian must send the records directly to the issuer. The issuer must keep your records secure and share them only with people allowed for that case.

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Sponsors & Cosponsors

Sponsor

  • Bill Powers

    Republican • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 38 • No: 0

Senate vote 2/19/2026

FLOOR VOTE: Motion to Adopt 2/19/2026

Yes: 31 • No: 0

Senate vote 2/10/2026

SENATE COMMERCE AND LABOR COMMITTEE

Yes: 7 • No: 0

Actions Timeline

  1. Pub. Ch. 580

    3/16/2026
  2. Effective date(s) 07/01/2026

    3/16/2026
  3. Signed by Governor.

    3/6/2026Senate
  4. Transmitted to Governor for action.

    2/25/2026Senate
  5. Signed by H. Speaker

    2/24/2026House
  6. Signed by Senate Speaker

    2/23/2026Senate
  7. Passed Senate, Ayes 31, Nays 0

    2/19/2026Senate
  8. Engrossed; ready for transmission to House

    2/19/2026Senate
  9. Subst. for comp. HB.

    2/19/2026House
  10. Passed H., Ayes 94, Nays 0, PNV 0

    2/19/2026House
  11. Enrolled and ready for signatures

    2/19/2026Senate
  12. Placed on Senate Consent Calendar 2 for 2/19/2026

    2/17/2026Senate
  13. Recommended for passage, refer to Senate Calendar Committee

    2/10/2026Senate
  14. Placed on Senate Commerce and Labor Committee calendar for 2/10/2026

    2/3/2026Senate
  15. Passed on Second Consideration, refer to Senate Commerce and Labor Committee

    1/15/2026Senate
  16. Introduced, Passed on First Consideration

    1/14/2026Senate
  17. Filed for introduction

    1/13/2026Senate

Bill Text

  • Enrolled / Public Chapter

  • Fiscal Note

  • Introduced

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