TennesseeHB 1447114th General Assembly (2025-2026)HouseWALLET

AN ACT to amend Tennessee Code Annotated, Title 4; Title 8; Title 9 and Title 50, relative to retirement.

Sponsored By: Charlie Baum, Charlie (Republican)

Became Law

Pensions and Retirement Benefits

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Bill Overview

Analyzed Economic Effects

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

State can hold Trump accounts with federal OK

The law lets Tennessee act as a nonbank custodian for Trump account funds, but only with U.S. Treasury approval. Federal rules control how these accounts work. The law does not start a program or provide money. After Treasury approval, the legislature must pass another law to set up a Tennessee program. Residents can open and use these accounts through the state only after both steps.

Sponsors & Cosponsors

Sponsor

  • Charlie Baum, Charlie

    Republican • House

Cosponsors

  • Aron Maberry, Aron

    Republican • House

  • Jake McCalmon, Jake

    Republican • House

  • Shane Reeves, Shane

    Republican • Senate

  • Mike Sparks, Mike

    Republican • House

  • Greg Vital, Greg

    Republican • House

  • Dawn White, Dawn

    Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 142 • No: 10

Senate vote 4/13/2026

FLOOR VOTE: Third Consideration 4/13/2026

Yes: 29 • No: 0

House vote 4/6/2026

HOUSE CALENDAR & RULES COMMITTEE

Yes: 0 • No: 0

House vote 4/6/2026

FLOOR VOTE: REGULAR CALENDAR AS AMENDED PASSAGE ON THIRD CONSIDERATION 4/6/2026

Yes: 84 • No: 7

House vote 3/30/2026

HOUSE GOVERNMENT OPERATIONS COMMITTEE

Yes: 8 • No: 1

House vote 3/25/2026

HOUSE COMMERCE COMMITTEE

Yes: 15 • No: 2

House vote 3/18/2026

HOUSE BANKING AND CONSUMER AFFAIRS SUBCOMMITTEE

Yes: 6 • No: 0

Actions Timeline

  1. Pub. Ch. 910

    5/15/2026
  2. Effective date(s) 05/01/2026

    5/15/2026
  3. Signed by Governor.

    5/1/2026
  4. Transmitted to Governor for his action.

    4/21/2026House
  5. Signed by Senate Speaker

    4/20/2026Senate
  6. Signed by H. Speaker

    4/16/2026House
  7. Enrolled; ready for sig. of H. Speaker.

    4/14/2026House
  8. Senate substituted House Bill for companion Senate Bill.

    4/13/2026Senate
  9. Amendment withdrawn. (Amendment 1 - SA0897)

    4/13/2026Senate
  10. Passed Senate, Ayes 29, Nays 0

    4/13/2026Senate
  11. Received from House, Passed on First Consideration

    4/9/2026Senate
  12. H. adopted am. (Amendment 1 - HA0855)

    4/6/2026House
  13. Passed H., as am., Ayes 84, Nays 7, PNV 3

    4/6/2026House
  14. Sponsor(s) Added.

    4/6/2026House
  15. Engrossed; ready for transmission to Sen.

    4/6/2026House
  16. H. Placed on Regular Calendar for 4/6/2026

    4/2/2026House
  17. Placed on cal. Calendar & Rules Committee for 4/2/2026

    4/1/2026House
  18. Rec. for pass; ref to Calendar & Rules Committee

    3/30/2026House
  19. Rec. for pass. if am., ref. to Government Operations Committee

    3/25/2026House
  20. Placed on cal. Government Operations Committee for 3/30/2026

    3/25/2026House
  21. Sponsor(s) Added.

    3/18/2026House
  22. Rec for pass if am by s/c ref. to Commerce Committee

    3/18/2026House
  23. Placed on cal. Commerce Committee for 3/25/2026

    3/18/2026House
  24. Action Def. in s/c Banking & Consumer Affairs Subcommittee to 3/18/2026

    3/11/2026House
  25. Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/18/2026

    3/11/2026House

Bill Text

  • HA0855 (Substitute)

    4/6/2026

  • Enrolled / Public Chapter

  • Fiscal Note

  • Introduced

  • SA0897

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