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TennesseeSB 1279114th General Assembly (2025-2026)SenateWALLET

AN ACT to amend Tennessee Code Annotated, Title 45, Chapter 2, relative to banking.

Sponsored By: Sponsor information unavailable

Signed by Governor

Financial Institutions, Dept. of

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Bill Overview

Analyzed Economic Effects

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

Tennessee can set state banks’ deposit insurance

Beginning July 1, 2025, Tennessee’s banking commissioner can set the type, amount, and other features of each state bank’s required deposit insurance. The commissioner must consider bank safety, the bank’s ability to support Tennessee’s economic progress, and public confidence in banking. The commissioner must also consider the state banking industry’s views and any other factors the commissioner finds relevant. The commissioner can issue rules under Tennessee’s Uniform Administrative Procedures Act. The law sets no specific insurance amount and creates no direct household duties.

Sponsors & Cosponsors

Sponsors

There is no primary sponsor on record.

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 37 • No: 0

Senate vote • 3/10/2025

FLOOR VOTE: Motion to Adopt 3/10/2025

Yes: 30 • No: 0

Senate vote • 3/4/2025

SENATE COMMERCE AND LABOR COMMITTEE

Yes: 7 • No: 0

Actions Timeline

  1. Effective date(s) 07/01/2026

    4/8/2025

  2. Pub. Ch. 126

    4/8/2025

  3. Signed by Governor.

    4/3/2025Senate

  4. Transmitted to Governor for action.

    3/26/2025Senate

  5. Signed by H. Speaker

    3/26/2025House

  6. Signed by Senate Speaker

    3/25/2025Senate

  7. Enrolled and ready for signatures

    3/25/2025Senate

  8. Passed H., Ayes 96, Nays 0, PNV 0

    3/24/2025House

  9. Subst. for comp. HB.

    3/24/2025House

  10. Rcvd. from S., held on H. desk.

    3/13/2025House

  11. Engrossed; ready for transmission to House

    3/10/2025Senate

  12. Passed Senate, Ayes 30, Nays 0

    3/10/2025Senate

  13. Placed on Senate Consent Calendar 2 for 3/10/2025

    3/7/2025Senate

  14. Recommended for passage, refer to Senate Calendar Committee

    3/4/2025Senate

  15. Placed on Senate Commerce and Labor Committee calendar for 3/4/2025

    2/25/2025Senate

  16. Placed on Senate Commerce and Labor Committee calendar for 3/4/2025

    2/25/2025Senate

  17. Passed on Second Consideration, refer to Senate Commerce and Labor Committee

    2/12/2025Senate

  18. Introduced, Passed on First Consideration

    2/10/2025Senate

  19. Filed for introduction

    2/6/2025Senate

Bill Text

  • Enrolled / Public Chapter

    PDF

  • Fiscal Note

    PDF

  • Introduced

    PDF

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