# Tennessee HB 2382: AN ACT to amend Tennessee Code Annotated, Title 39, Chapter 15, Part 5; Title 45, Chapter 2, Part 12; Title 45, Chapter 20; Title 47, Chapter 30 and Title 67, Chapter 4, Part 4, relative to reverse mortgages. Tennessee HB 2382, AN ACT to amend Tennessee Code Annotated, Title 39, Chapter 15, Part 5; Title 45, Chapter 2, Part 12; Title 45, Chapter 20; Title 47, Chapter 30 and Title 67, Chapter 4, Part 4, relative to reverse mortgages., is a 114th General Assembly (2025-2026) House bill sponsored by no sponsor on record; status signed, last action 2026-05-26 (Effective date(s) 05/19/2026); PRIA reads it as touching household money (as of 2026-11-01). - Canonical: https://policyrisk.com/state-bill/TN-HB2382-2025-2026 - As of: 2026-11-01 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Tennessee HB 2382 - State: Tennessee - Session: 114th General Assembly (2025-2026) - Title: AN ACT to amend Tennessee Code Annotated, Title 39, Chapter 15, Part 5; Title 45, Chapter 2, Part 12; Title 45, Chapter 20; Title 47, Chapter 30 and Title 67, Chapter 4, Part 4, relative to reverse mortgages. - Status: signed - Chamber: House - Introduced: 2026-02-02 - Last action: 2026-05-26, Effective date(s) 05/19/2026 - Sponsors: no sponsor on record - Cosponsors: 2 - Subjects: Mortgages - Touches household money: yes - Roll calls: 5 (121 yes, 19 no in all) - Economic provisions PRIA read: 4 ## Summary No summary available. ## Bill overview: provisions PRIA read - More protections for reverse mortgage borrowers: benefit, medium. Lenders can recover reverse mortgage debt only from proceeds of selling or transferring the property securing the loan. They cannot collect beyond those proceeds from the borrower. For loans or loan documents that violate Tennessee’s reverse mortgage rules, lenders cannot enforce interest, service… - More reverse mortgage options for homeowners: benefit, low. The law authorizes reverse mortgages without Federal Housing Administration insurance. These loans must follow Tennessee’s reverse mortgage rules and applicable federal and state law. A state or federal agency can insure or guarantee them, but this is not required. The law removes several requireme… - Reverse mortgage borrowers lose fee ceiling: cost, low. The law removes a ceiling on certain reverse mortgage fees. That ceiling was tied to monthly service fees or insurance premiums allowed by federal housing authorities or Fannie Mae. The provision sets no replacement ceiling or fee amount. Borrowers face the possibility of higher fees, not a require… - Clearer reverse mortgages, required homeowner counseling: mixed, low. A reverse mortgage uses your main home as security and pays you through lump sums or installments. Repayment is due only after an event named in the contract. The loan note and mortgage or deed of trust must clearly name the product and lender or insurer. They must also state that the loan is a rev… ## Sponsors and cosponsors - Cosponsor: T.J. Hardaway (Democrat), House - Cosponsor: Greg Vital (Republican), House ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2026-04-20 | Senate | FLOOR VOTE: Third Consideration 4/20/2026 | pass | 26 | 4 | | | 2026-03-26 | House | FLOOR VOTE: REGULAR CALENDAR AS AMENDED PASSAGE ON THIRD CONSIDERATION 3/26/2026 | pass | 69 | 13 | | | 2026-03-26 | House | HOUSE CALENDAR & RULES COMMITTEE | fail | 0 | 0 | | | 2026-03-11 | House | HOUSE COMMERCE COMMITTEE | pass | 19 | 2 | | | 2026-03-04 | House | HOUSE BANKING AND CONSUMER AFFAIRS SUBCOMMITTEE | pass | 7 | 0 | | ## Actions (26) - 2026-05-26: Effective date(s) 05/19/2026 - 2026-05-26: Pub. Ch. 1027 - 2026-05-19: Signed by Governor. - 2026-05-07: Transmitted to Governor for his action. (House) - 2026-05-05: Signed by Senate Speaker (Senate) - 2026-04-30: Signed by H. Speaker (House) - 2026-04-23: Enrolled; ready for sig. of H. Speaker. (House) - 2026-04-20: Passed Senate, Ayes 26, Nays 4, PNV 1 (Senate) - 2026-04-20: Amendment withdrawn. (Amendment 1 - SA1018) (Senate) - 2026-04-20: Senate substituted House Bill for companion Senate Bill. (Senate) - 2026-03-30: Received from House, Passed on First Consideration (Senate) - 2026-03-26: Engrossed; ready for transmission to Sen. (House) - 2026-03-26: Passed H., as am., Ayes 69, Nays 13, PNV 3 (House) - 2026-03-26: H. adopted am. (Amendment 1 - HA0661) (House) - 2026-03-26: Sponsor(s) Added. (House) - 2026-03-19: H. Placed on Regular Calendar for 3/26/2026 (House) - 2026-03-18: Placed on cal. Calendar & Rules Committee for 3/19/2026 (House) - 2026-03-12: Sponsor(s) Added. (House) - 2026-03-11: Rec. for pass. if am., ref. to Calendar & Rules Committee (House) - 2026-03-04: Placed on cal. Commerce Committee for 3/11/2026 (House) - 2026-03-04: Rec for pass if am by s/c ref. to Commerce Committee (House) - 2026-02-25: Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/4/2026 (House) - 2026-02-05: Assigned to s/c Banking & Consumer Affairs Subcommittee (House) - 2026-02-05: P2C, ref. to Commerce Committee (House) - 2026-02-04: Intro., P1C. (House) - 2026-02-02: Filed for introduction (House) ## Bill text - HA0661 (Substitute), 2026-03-26: [PDF](https://capitol.tn.gov/Bills/114/Amend/HA0661.pdf) - Enrolled / Public Chapter: [PDF](https://publications.tnsosfiles.com/acts/114/pub/pc1027.pdf) - Fiscal Note: [PDF](https://capitol.tn.gov/Bills/114/Fiscal/SB2190.pdf) - Introduced: [PDF](https://capitol.tn.gov/Bills/114/Bill/HB2382.pdf) - SA1018: [PDF](https://capitol.tn.gov/Bills/114/Amend/SA1018.pdf) ## Related bills - HB 2381: AN ACT to amend Tennessee Code Annotated, Title 7; Title 13, Chapter 7; Title 65 and Title 68, relative to utilities. (failed) - HB 2309: AN ACT to amend Tennessee Code Annotated, Title 29 and Title 39, relative to criminal conduct. (failed) - HB 2210: AN ACT to amend Tennessee Code Annotated, Title 7, Chapter 4; Title 58 and Title 67, Chapter 4, relative to disaster response. (failed) - HB 2204: AN ACT to amend Tennessee Code Annotated, Title 4; Title 8; Title 9 and Title 38, relative to compensation of law enforcement officers. (failed) - HB 2223: AN ACT to amend Tennessee Code Annotated, Title 68, relative to fireworks. (failed) - HB 2091: AN ACT to amend Tennessee Code Annotated, Title 70, Chapter 9, relative to off-highway vehicles. (failed) ## Sources - [HA0661 (Substitute) (PDF)](https://capitol.tn.gov/Bills/114/Amend/HA0661.pdf) - [Enrolled / Public Chapter (PDF)](https://publications.tnsosfiles.com/acts/114/pub/pc1027.pdf) - [Fiscal Note (PDF)](https://capitol.tn.gov/Bills/114/Fiscal/SB2190.pdf) - [Introduced (PDF)](https://capitol.tn.gov/Bills/114/Bill/HB2382.pdf) - [SA1018 (PDF)](https://capitol.tn.gov/Bills/114/Amend/SA1018.pdf) ## Related - [HB 2381: AN ACT to amend Tennessee Code Annotated, Title 7; Title 13, Chapter 7; Title 6…](https://policyrisk.com/state-bill/TN-HB2381-2025-2026) - [HB 2309: AN ACT to amend Tennessee Code Annotated, Title 29 and Title 39, relative to cr…](https://policyrisk.com/state-bill/TN-HB2309-2025-2026) - [HB 2210: AN ACT to amend Tennessee Code Annotated, Title 7, Chapter 4; Title 58 and Titl…](https://policyrisk.com/state-bill/TN-HB2210-2025-2026) - [HB 2204: AN ACT to amend Tennessee Code Annotated, Title 4; Title 8; Title 9 and Title 3…](https://policyrisk.com/state-bill/TN-HB2204-2025-2026) - [HB 2223: AN ACT to amend Tennessee Code Annotated, Title 68, relative to fireworks.](https://policyrisk.com/state-bill/TN-HB2223-2025-2026) - [HB 2091: AN ACT to amend Tennessee Code Annotated, Title 70, Chapter 9, relative to off-…](https://policyrisk.com/state-bill/TN-HB2091-2025-2026) - [Tennessee bills](https://policyrisk.com/states/tennessee/bills) - [Tennessee state hub](https://policyrisk.com/states/tennessee) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/TN-HB2382-2025-2026 (as of 2026-11-01).