PRIA Logo™
TennesseeSB 1279114th General Assembly (2025-2026)SenateWALLET

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

Sponsored By: Jack Johnson (Republican)

Became Law

Financial Institutions, Dept. of

Your PRIA Score

Score Hidden

Personalized for You

How does this bill affect your finances?

Sign up for a PRIA Policy Scan to see your personalized alignment score for this bill and every other piece of legislation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.

Free to start

Bill Overview

Analyzed Economic Effects

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

Commissioner sets deposit insurance for state banks

Beginning July 1, 2025, the Tennessee banking commissioner sets the required deposit insurance for each Tennessee state‑chartered bank. The commissioner must consider safety and soundness, the bank’s role in Tennessee’s economic progress, public confidence, views of the state’s banking industry, and other relevant factors. The commissioner can issue rules under the Uniform Administrative Procedures Act. This supports deposit protection and public confidence for people who keep money in these banks.

Sponsors & Cosponsors

Sponsor

  • Jack Johnson

    Republican • Senate

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. Pub. Ch. 126

    4/8/2025

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

    4/8/2025

  3. Signed by Governor.

    4/3/2025Senate

  4. Signed by H. Speaker

    3/26/2025House

  5. Transmitted to Governor for action.

    3/26/2025Senate

  6. Enrolled and ready for signatures

    3/25/2025Senate

  7. Signed by Senate Speaker

    3/25/2025Senate

  8. Subst. for comp. HB.

    3/24/2025House

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

    3/24/2025House

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

    3/13/2025House

  11. Passed Senate, Ayes 30, Nays 0

    3/10/2025Senate

  12. Engrossed; ready for transmission to House

    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

Related Bills

Back to State Legislation