TennesseeSB 0306114th General Assembly (2025-2026)SenateWALLET

AN ACT to amend Tennessee Code Annotated, Title 43, Chapter 38; Title 48, Chapter 24; Title 48, Chapter 245; Title 48, Chapter 246; Title 48, Chapter 249; Title 48, Chapter 25; Title 48, Chapter 64; Title 48, Chapter 65 and Title 61, Chapter 3, relative to entities filing documents with the secretary of state.

Sponsored By: Richard Briggs (Republican)

Became Law

Secretary of State

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 0 benefits, 2 costs, 0 mixed.

Blocks business filings tied to foreign adversaries

Tennessee can deny or revoke filings or authority for cooperatives, corporations, LLCs, and limited partnerships, including out-of-state entities. This applies when the business is owned or controlled by a foreign government or person on the federal 'foreign adversary' list. The list is set by the U.S. Commerce Department (15 CFR 791.4(a) or a successor rule). Deals approved by the Committee on Foreign Investment in the United States (CFIUS) are exempt. These rules are now in effect.

Stricter rules on false business filings

Tennessee can deny, revoke, or cancel filings and registrations for cooperatives, corporations, LLCs, and limited partnerships, including out-of-state entities. This applies when a listed signer knew a filing was materially false. Listed signers include organizers, incorporators, officers, directors, managers, partners, members, and their agents or representatives. These rules are now in effect.

Sponsors & Cosponsors

Sponsor

  • Richard Briggs

    Republican • Senate

Cosponsors

  • Ed Jackson

    Republican • Senate

  • Adam Lowe

    Republican • Senate

  • Bill Powers

    Republican • Senate

  • Brent Taylor

    Republican • Senate

  • Ken Yager

    Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 131 • No: 0

House vote 3/20/2025

FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION 3/20/2025

Yes: 92 • No: 0

Senate vote 3/3/2025

FLOOR VOTE: Third Consideration 3/3/2025

Yes: 31 • No: 0

Senate vote 2/18/2025

SENATE STATE & LOCAL GOVERNMENT COMMITTEE

Yes: 8 • No: 0

Actions Timeline

  1. Pub. Ch. 113

    4/8/2025
  2. Effective date(s) 04/03/2025

    4/8/2025
  3. Signed by Governor.

    4/3/2025Senate
  4. Transmitted to Governor for action.

    3/25/2025Senate
  5. Signed by Senate Speaker

    3/24/2025Senate
  6. Signed by H. Speaker

    3/24/2025House
  7. Subst. for comp. HB.

    3/20/2025House
  8. Passed H., Ayes 92, Nays 0, PNV 2

    3/20/2025House
  9. Enrolled and ready for signatures

    3/20/2025Senate
  10. Rcvd. from S., held on H. desk.

    3/6/2025House
  11. Passed Senate, Ayes 31, Nays 0

    3/3/2025Senate
  12. Engrossed; ready for transmission to House

    3/3/2025Senate
  13. Sponsor(s) Added.

    3/3/2025Senate
  14. Placed on Senate Regular Calendar for 3/3/2025

    2/27/2025Senate
  15. Senate Reset on calendar for 3/3/2025

    2/24/2025Senate
  16. Placed on Senate Regular Calendar for 2/24/2025

    2/20/2025Senate
  17. Recommended for passage, refer to Senate Calendar Committee

    2/18/2025Senate
  18. Passed on Second Consideration, refer to Senate State and Local Government Committee

    2/12/2025Senate
  19. Sponsor(s) Added.

    2/12/2025Senate
  20. Placed on Senate State and Local Government Committee calendar for 2/18/2025

    2/11/2025Senate
  21. Introduced, Passed on First Consideration

    2/10/2025Senate
  22. Filed for introduction

    1/27/2025Senate

Bill Text

  • Enrolled / Public Chapter

  • Fiscal Note

  • Introduced

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