All Roll Calls
Yes: 150 • No: 0
TennesseeHB 2529114th General Assembly (2025-2026)House
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: Sponsor information unavailable
Signed by Governor
Commerce and Insurance, Dept. of
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Bill Overview
Analyzed Economic Effects
5 provisions identified: 2 benefits, 1 costs, 2 mixed.
State gains control over securities defendants
At the commerce and insurance commissioner’s request, a Tennessee chancery court can appoint the commissioner to manage a securities defendant. The appointment can also cover the defendant’s assets. The commissioner serves as a court-appointed receiver or conservator.
Rule-exempt advisers gain a securities exemption
The law extends a securities-law exemption to people excluded from the investment adviser or adviser representative definition by commissioner rules. This applies only to people covered by those rules, not all advisers.
Investors face deadlines for securities lawsuits
Private Tennessee securities lawsuits must start within five years after the act or transaction that violated the law. A second deadline is two years after discovering the facts of the violation. The earlier deadline applies. Discovery includes when reasonable care should have uncovered those facts.
Brokers face rules for removing complaints
Covered brokers and agents must give the Tennessee Department of Commerce and Insurance written notice at least 60 days before filing. This covers court actions to remove customer-dispute records from the Central Registration Depository and filings to cancel, change, or confirm related arbitration awards. Covered firms and agents have a Tennessee business location, or were registered in Tennessee and had such a location when the dispute occurred. They must name the department as a party in the case. After receiving notice, the commissioner can waive only the party requirement.
Tennessee repeals an education code part
The law repeals all of Title 49, Chapter 4, Part 1 of Tennessee’s education code. The supplied text does not identify the programs, duties, or protections removed, so household effects are unclear. All changes in this act took effect when it became law.
Sponsors & Cosponsors
Sponsors
There is no primary sponsor on record.
Cosponsors
Scott Cepicky
Republican • House
Mark Cochran
Republican • House
Powers
Affiliation unavailable
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
Bill Text
Enrolled / Public Chapter
Fiscal Note
Introduced
Related Bills
HB 2509, AN ACT to amend Tennessee Code Annotated, Title 7, Chapter 53; Title 13; Title 48, Chapter 101, Part 3; Title 56 and Title 67, relative to housing.
HB 2541, AN ACT to amend Tennessee Code Annotated, Title 12, Chapter 4, Part 4, relative to the prevailing wage rate.
HB 2542, AN ACT to amend Tennessee Code Annotated, Section 50-7-303, relative to suitable work requirements.
HB 2502, AN ACT to amend Tennessee Code Annotated, Title 4; Title 38; Title 39; Title 45; Title 47; Title 49 and Title 67, relative to money transmission.
HB 2533, AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 29; Title 5, Chapter 21; Title 8, Chapter 50, Part 8; Title 49, Chapter 10, Part 1; Title 49, Chapter 10, Part 14; Title 49, Chapter 11, Part 1; Title 49, Chapter 11, Part 8; Title 49, Chapter 13; Title 49, Chapter 15, Part 1; Title 49, Chapter 16, Part 2; Title 49, Chapter 17; Section 49-2-203; Title 49, Chapter 3, Part 1; Title 49, Chapter 5, Part 4; Title 49, Chapter 50, Part 10; Title 49, Chapter 50, Part 16; Title 49, Chapter 50, Part 18; Title 49, Chapter 6, Part 10; Title 49, Chapter 6, Part 15; Title 49, Chapter 6, Part 22; Title 49, Chapter 6, Part 23; Title 49, Chapter 6, Part 30; Title 49, Chapter 6, Part 34; Title 49, Chapter 6, Part 42; Title 49, Chapter 6, Part 81; Title 49, Chapter 1, Part 2; Title 49, Chapter 1, Part 3 and Section 68-204-110, relative to education.
HB 2503, AN ACT to amend Tennessee Code Annotated, Title 3; Title 4; Title 5; Title 6; Title 7; Title 8; Title 10; Title 12; Title 29; Title 35; Title 36; Title 37; Title 39; Title 40; Title 41; Title 42; Title 45; Title 47; Title 49; Title 50; Title 52; Title 53; Title 56; Title 58; Title 63; Title 67; Title 68 and Title 71, relative to health insurance.