All Roll Calls
Yes: 150 • No: 0
TennesseeHB 2529114th General Assembly (2025-2026)HouseWALLET
AN ACT to amend Tennessee Code Annotated, Title 48, Chapter 1, Part 1 and Title 49, Chapter 4, Part 1, relative to matters regulated by the department of commerce and insurance.
Sponsored By: William Lamberth, William (Republican)
Became Law
Commerce and Insurance, Dept. of
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Bill Overview
Analyzed Economic Effects
5 provisions identified: 2 benefits, 2 costs, 1 mixed.
Shorter deadlines for investor lawsuits
Private securities lawsuits must be filed by the earlier of: five years after the act, or two years after you discover the facts (or should have discovered them with reasonable diligence). If you miss the earlier date, the claim is barred.
Education code part repealed
The law deletes Title 49, Chapter 4, Part 1 from Tennessee law. It removes the rules, duties, and programs in that part. The real effects depend on what that part covered.
Commissioner can take over assets
When the Commissioner asks, the chancery court appoints the Commissioner as receiver or conservator for a defendant or the defendant’s assets. This helps secure and protect assets in enforcement cases.
Some advisers exempt from state rules
People the Commissioner exempts by rule are not treated as investment advisers or investment adviser representatives under state law. If exempted, they are outside those definitions and the related duties.
60-day notice for broker expungement
Broker-dealers and agents with a Tennessee office, or registered in Tennessee during the dispute, must give the Department 60 days’ written notice before filing to clear a customer dispute from the Central Registration Depository (CRD). They must also name the Department as a party to the case. The Commissioner can waive the party requirement after the notice is received.
Sponsors & Cosponsors
Sponsor
William Lamberth, William
Republican • House
Cosponsors
Scott Cepicky, Scott
Republican • House
Mark Cochran, Mark
Republican • House
Bill Powers, Bill
Republican • Senate
Roll Call Votes
Senate vote • 4/13/2026
FLOOR VOTE: Motion to Adopt 4/13/2026
Yes: 31 • No: 0
House vote • 3/30/2026
FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION 3/30/2026
Yes: 91 • No: 0
House vote • 3/19/2026
HOUSE CALENDAR & RULES COMMITTEE
Yes: 0 • No: 0
House vote • 3/18/2026
HOUSE COMMERCE COMMITTEE
Yes: 21 • No: 0
House vote • 3/11/2026
HOUSE BANKING AND CONSUMER AFFAIRS SUBCOMMITTEE
Yes: 7 • No: 0
Actions Timeline
Pub. Ch. 920
5/18/2026Effective date(s) 05/01/2026
5/18/2026Signed by Governor.
5/1/2026Transmitted to Governor for his action.
4/21/2026HouseSigned by Senate Speaker
4/20/2026SenateSigned by H. Speaker
4/16/2026HouseEnrolled; ready for sig. of H. Speaker.
4/14/2026HouseSenate substituted House Bill for companion Senate Bill.
4/13/2026SenatePassed Senate, Ayes 31, Nays 0
4/13/2026SenateReceived from House, Passed on First Consideration
4/2/2026SenateEngrossed; ready for transmission to Sen.
3/31/2026HousePassed H., Ayes 91, Nays 0, PNV 1
3/30/2026HouseSponsor(s) Added.
3/30/2026HouseObjected to on Consent Calendar.
3/23/2026HouseH. Placed on Regular Calendar for 3/30/2026
3/23/2026HouseH. Placed on Consent Calendar for 3/23/2026
3/19/2026HouseRec. for pass; ref to Calendar & Rules Committee
3/18/2026HousePlaced on cal. Calendar & Rules Committee for 3/19/2026
3/18/2026HouseRec. for pass by s/c ref. to Commerce Committee
3/11/2026HousePlaced on cal. Commerce Committee for 3/18/2026
3/11/2026HousePlaced on s/c cal Banking & Consumer Affairs Subcommittee for 3/11/2026
3/4/2026HouseSponsor(s) Added.
2/19/2026HouseP2C, ref. to Commerce Committee
2/5/2026HouseAssigned to s/c Banking & Consumer Affairs Subcommittee
2/5/2026HouseIntro., P1C.
2/4/2026House
Bill Text
Enrolled / Public Chapter
Fiscal Note
Introduced
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