# Tennessee SB 0909: AN ACT to amend Tennessee Code Annotated, Title 47 and Title 66, relative to wholesaling real property. Tennessee SB 0909, AN ACT to amend Tennessee Code Annotated, Title 47 and Title 66, relative to wholesaling real property., 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-SB0909-2025-2026 - 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 0909 - State: Tennessee - Session: 114th General Assembly (2025-2026) - Title: AN ACT to amend Tennessee Code Annotated, Title 47 and Title 66, relative to wholesaling real property. - Status: signed - Chamber: Senate - Introduced: 2025-02-05 - Last action: 2025-04-08, Effective date(s) 03/25/2025 - Sponsors: no sponsor on record - Cosponsors: 1 - Subjects: Real Property - Touches household money: no - Roll calls: 2 (40 yes, 0 no in all) - Economic provisions PRIA read: 2 ## Summary No summary available. ## Bill overview: provisions PRIA read - New rules for real estate wholesaling: mixed, low. The law sets clear rules for wholesaling real estate contracts. It defines a buyer’s equitable interest after signing but before title transfers. Wholesaling means assigning that interest for more than the buyer agreed to pay. A wholesaler must tell the seller in writing, before signing, that they… - Two-year deadline to sue wholesalers: mixed, low. Any lawsuit for a violation under this part must be filed within two years after the purchase contract is signed. After two years, claims are barred. This reduces long-term risk for wholesalers but shortens the time for sellers or buyers to seek relief. ## Sponsors and cosponsors - Cosponsor: Heidi Campbell (Democrat), Senate ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2025-02-24 | Senate | FLOOR VOTE: Motion to Adopt 2/24/2025 | pass | 33 | 0 | | | 2025-02-18 | Senate | SENATE COMMERCE AND LABOR COMMITTEE | pass | 7 | 0 | | ## Actions (19) - 2025-04-08: Effective date(s) 03/25/2025 - 2025-04-08: Pub. Ch. 72 - 2025-03-25: Signed by Governor. (Senate) - 2025-03-19: Transmitted to Governor for action. (Senate) - 2025-03-19: Signed by H. Speaker (House) - 2025-03-18: Signed by Senate Speaker (Senate) - 2025-03-18: Enrolled and ready for signatures (Senate) - 2025-03-17: Passed H., Ayes 92, Nays 0, PNV 1 (House) - 2025-03-17: Subst. for comp. HB. (House) - 2025-02-27: Rcvd. from S., held on H. desk. (House) - 2025-02-24: Sponsor(s) Added. (Senate) - 2025-02-24: Engrossed; ready for transmission to House (Senate) - 2025-02-24: Passed Senate, Ayes 33, Nays 0 (Senate) - 2025-02-20: Placed on Senate Consent Calendar 2 for 2/24/2025 (Senate) - 2025-02-18: Recommended for passage, refer to Senate Calendar Committee (Senate) - 2025-02-12: Placed on Senate Commerce and Labor Committee calendar for 2/18/2025 (Senate) - 2025-02-12: Passed on Second Consideration, refer to Senate Commerce and Labor Committee (Senate) - 2025-02-10: Introduced, Passed on First Consideration (Senate) - 2025-02-05: Filed for introduction (Senate) ## Bill text - Enrolled / Public Chapter: [PDF](https://publications.tnsosfiles.com/acts/114/pub/pc0072.pdf) - Fiscal Note: [PDF](https://capitol.tn.gov/Bills/114/Fiscal/HB0781.pdf) - Introduced: [PDF](https://capitol.tn.gov/Bills/114/Bill/SB0909.pdf) ## Related bills - SB 0855: AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; Title 8; Title 12; Title 13; Title 29; Title 54; Title 64; Title 65; Title 68 and… (signed) - 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 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 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) ## Sources - [Enrolled / Public Chapter (PDF)](https://publications.tnsosfiles.com/acts/114/pub/pc0072.pdf) - [Fiscal Note (PDF)](https://capitol.tn.gov/Bills/114/Fiscal/HB0781.pdf) - [Introduced (PDF)](https://capitol.tn.gov/Bills/114/Bill/SB0909.pdf) ## Related - [SB 0855: AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; T…](https://policyrisk.com/state-bill/TN-SB0855-2025-2026) - [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 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 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) - [Tennessee bills](https://policyrisk.com/states/tennessee/bills) - [Tennessee state hub](https://policyrisk.com/states/tennessee) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/TN-SB0909-2025-2026 (as of 2026-11-01).