# Tennessee SB 0696: AN ACT to amend Tennessee Code Annotated, Title 56, Chapter 3, Part 4, relative to investments by insurance companies.

Tennessee SB 0696, AN ACT to amend Tennessee Code Annotated, Title 56, Chapter 3, Part 4, relative to investments by insurance companies., is a 114th General Assembly (2025-2026) Senate bill sponsored by no sponsor on record; status signed, last action 2025-04-08 (Effective date(s) 03/25/2025) (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/TN-SB0696-2025-2026
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Tennessee SB 0696
- State: Tennessee
- Session: 114th General Assembly (2025-2026)
- Title: AN ACT to amend Tennessee Code Annotated, Title 56, Chapter 3, Part 4, relative to investments by insurance companies.
- Status: signed
- Chamber: Senate
- Introduced: 2025-02-03
- Last action: 2025-04-08, Effective date(s) 03/25/2025
- Sponsors: no sponsor on record
- Cosponsors: 1
- Subjects: Insurance Companies, Agents, Brokers, Policies
- Touches household money: no
- Roll calls: 2 (40 yes, 0 no in all)
- Economic provisions PRIA read: 1

## Summary

No summary available.

## Bill overview: provisions PRIA read

- Insurers gain more investment options: benefit, low. Effective upon becoming law, Tennessee raises two insurer investment limits: 1% to 20%, and 5% to 10%. The supplied text does not identify the amounts these percentages apply to. Insurers also gain two money market fund options that meet the federal definition in 17 CFR 270.2a-7. Government funds m…

## Sponsors and cosponsors

- Cosponsor: Stevens

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-03-03 | Senate | FLOOR VOTE: Motion to Adopt 3/3/2025 | pass | 32 | 0 |   |
| 2025-02-25 | Senate | SENATE COMMERCE AND LABOR COMMITTEE | pass | 8 | 0 |   |

## Bill text

- Enrolled / Public Chapter: [PDF](https://publications.tnsosfiles.com/acts/114/pub/pc0071.pdf)
- Fiscal Note: [PDF](https://capitol.tn.gov/Bills/114/Fiscal/HB0161.pdf)
- Introduced: [PDF](https://capitol.tn.gov/Bills/114/Bill/SB0696.pdf)

## Related bills

- SB 0539: AN ACT to amend Tennessee Code Annotated, Title 7; Title 13; Title 48; Title 49; Title 67 and Title 68, relative to low-income housing. (signed)
- SB 0254: AN ACT to amend Tennessee Code Annotated, Title 38; Title 39; Title 40 and Title 55, relative to criminal law. (signed)
- SB 0198: AN ACT to amend Tennessee Code Annotated, Title 67, relative to taxes. (signed)
- HB 2670: AN ACT to amend Chapter 33 of the Private Acts of 1985; as amended by Chapter 85 of the Private Acts of 2004; and any other acts amendatory thereto, relative t… (signed)
- HB 2666: AN ACT to amend Chapter 131 of the Private Acts of 1969; as amended by Chapter 85 of the Private Acts of 1987; Chapter 74 of the Private Acts of 1995; Chapter… (signed)
- HB 2656: AN ACT to amend Chapter 325 of the Private Acts of 1945; as amended by Chapter 335 of the Private Acts of 1968; Chapter 282 of the Private Acts of 1972; Chapte… (signed)

## Sources
- [Enrolled / Public Chapter (PDF)](https://publications.tnsosfiles.com/acts/114/pub/pc0071.pdf)
- [Fiscal Note (PDF)](https://capitol.tn.gov/Bills/114/Fiscal/HB0161.pdf)
- [Introduced (PDF)](https://capitol.tn.gov/Bills/114/Bill/SB0696.pdf)

## Related
- [SB 0539: AN ACT to amend Tennessee Code Annotated, Title 7; Title 13; Title 48; Title 49…](https://policyrisk.com/state-bill/TN-SB0539-2025-2026)
- [SB 0254: AN ACT to amend Tennessee Code Annotated, Title 38; Title 39; Title 40 and Titl…](https://policyrisk.com/state-bill/TN-SB0254-2025-2026)
- [SB 0198: AN ACT to amend Tennessee Code Annotated, Title 67, relative to taxes.](https://policyrisk.com/state-bill/TN-SB0198-2025-2026)
- [HB 2670: AN ACT to amend Chapter 33 of the Private Acts of 1985; as amended by Chapter 8…](https://policyrisk.com/state-bill/TN-HB2670-2025-2026)
- [HB 2666: AN ACT to amend Chapter 131 of the Private Acts of 1969; as amended by Chapter…](https://policyrisk.com/state-bill/TN-HB2666-2025-2026)
- [HB 2656: AN ACT to amend Chapter 325 of the Private Acts of 1945; as amended by Chapter…](https://policyrisk.com/state-bill/TN-HB2656-2025-2026)
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Source: PRIA, https://policyrisk.com/state-bill/TN-SB0696-2025-2026 (as of 2026-11-01).