TennesseeSB 0306114th General Assembly (2025-2026)Senate

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: Sponsor information unavailable

Signed by Governor

Secretary of State

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Bill Overview

Analyzed Economic Effects

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

Tennessee businesses face new shutdown grounds

Beginning April 21, 2025, Tennessee has two new grounds to dissolve domestic entities or revoke out-of-state entities’ authority to operate. These rules cover cooperatives, corporations, limited liability companies, and limited partnerships. One ground applies when a signer specified for that entity type knowingly signs a Secretary of State filing containing materially false information. The other applies to ownership or control by a foreign adversary designated by the U.S. Secretary of Commerce under 15 CFR 791.4(a) or its replacement. The ownership ground excludes entities involved in transactions approved by the Committee on Foreign Investment in the United States.

Sponsors & Cosponsors

Sponsors

There is no primary sponsor on record.

Cosponsors

  • Ed Jackson

    Republican • Senate

  • Adam Lowe

    Republican • Senate

  • Powers

    Affiliation unavailable

  • 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. Effective date(s) 04/03/2025

    4/8/2025
  2. Pub. Ch. 113

    4/8/2025
  3. Signed by Governor.

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

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

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

    3/24/2025Senate
  7. Enrolled and ready for signatures

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

    3/20/2025House
  9. Subst. for comp. HB.

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

    3/6/2025House
  11. Sponsor(s) Added.

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

    3/3/2025Senate
  13. Passed Senate, Ayes 31, Nays 0

    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. Sponsor(s) Added.

    2/12/2025Senate
  19. Passed on Second Consideration, refer to Senate State and Local Government Committee

    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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