# Tennessee SB 2424: AN ACT to amend Tennessee Code Annotated, Title 66, Chapter 2, Part 3, relative to real property ownership.

Tennessee SB 2424, AN ACT to amend Tennessee Code Annotated, Title 66, Chapter 2, Part 3, relative to real property ownership., is a 114th General Assembly (2025-2026) Senate bill sponsored by no sponsor on record; status signed, last action 2026-05-04 (Effective date(s) 07/01/2026); PRIA reads it as touching household money (as of 2026-11-01).

- Canonical: https://policyrisk.com/state-bill/TN-SB2424-2025-2026
- 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 2424
- State: Tennessee
- Session: 114th General Assembly (2025-2026)
- Title: AN ACT to amend Tennessee Code Annotated, Title 66, Chapter 2, Part 3, relative to real property ownership.
- Status: signed
- Chamber: Senate
- Introduced: 2026-02-02
- Last action: 2026-05-04, Effective date(s) 07/01/2026
- Sponsors: no sponsor on record
- Cosponsors: 6
- Subjects: Real Property
- Touches household money: yes
- Roll calls: 3 (123 yes, 3 no in all)
- Economic provisions PRIA read: 3

## Summary

No summary available.

## Bill overview: provisions PRIA read

- Qualified immigrants excluded from land ban: benefit, medium. Beginning July 1, 2026, people defined as “qualified aliens” under federal law are excluded from the covered foreign-party classification. The law uses the definition in 8 U.S.C. § 1641(b). This exclusion narrows who faces Tennessee’s restriction on owning non-agricultural land.
- Covered foreign landholders must register ownership: cost, low. Effective July 1, 2026, covered foreign parties and foreign-controlled businesses must register Tennessee non-agricultural land interests with the Secretary of State. This covers interests held on or after January 1, 2025. Registration is due within 60 days after the later of acquisition or the app…
- Land limits for covered foreign parties: cost, low. Beginning July 1, 2026, prohibited foreign parties and businesses they control cannot acquire interests in Tennessee non-agricultural land. The ban covers purchases, gifts, inheritances, and other transfers, including holding land through an agent, trustee, or fiduciary. A violation continues while…

## Sponsors and cosponsors

- Cosponsor: Paul Bailey (Republican), Senate
- Cosponsor: Janice Bowling (Republican), Senate
- Cosponsor: Adam Lowe (Republican), Senate
- Cosponsor: Reeves
- Cosponsor: Paul Rose (Republican), Senate
- Cosponsor: Stevens

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-03-26 | House | FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION 3/26/2026 | pass | 82 | 3 |   |
| 2026-03-19 | Senate | FLOOR VOTE: as Amended Third Consideration 3/19/2026 | pass | 33 | 0 |   |
| 2026-03-03 | Senate | SENATE COMMERCE AND LABOR COMMITTEE | pass | 8 | 0 |   |

## Actions (21)

- 2026-05-04: Effective date(s) 07/01/2026
- 2026-05-04: Pub. Ch. 733
- 2026-04-13: Signed by Governor. (Senate)
- 2026-04-02: Transmitted to Governor for action. (Senate)
- 2026-04-01: Signed by H. Speaker (House)
- 2026-03-30: Signed by Senate Speaker (Senate)
- 2026-03-26: Enrolled and ready for signatures (Senate)
- 2026-03-26: Passed H., Ayes 82, Nays 3, PNV 1 (House)
- 2026-03-26: Am. withdrawn. (Amendment 1 - HA0733) (House)
- 2026-03-26: Subst. for comp. HB. (House)
- 2026-03-23: Rcvd. from S., held on H. desk. (House)
- 2026-03-19: Sponsor(s) Added. (Senate)
- 2026-03-19: Engrossed; ready for transmission to House (Senate)
- 2026-03-19: Passed Senate as amended, Ayes 33, Nays 0 (Senate)
- 2026-03-19: Senate adopted Amendment (Amendment 1 - SA0578) (Senate)
- 2026-03-17: Placed on Senate Regular Calendar for 3/19/2026 (Senate)
- 2026-03-03: Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 8, Nays 0 PNV 0 (Senate)
- 2026-02-24: Placed on Senate Commerce and Labor Committee calendar for 3/3/2026 (Senate)
- 2026-02-05: Passed on Second Consideration, refer to Senate Commerce and Labor Committee (Senate)
- 2026-02-02: Introduced, Passed on First Consideration (Senate)
- 2026-02-02: Filed for introduction (Senate)

## Bill text

- Enrolled / Public Chapter: [PDF](https://publications.tnsosfiles.com/acts/114/pub/pc0733.pdf)
- Fiscal Note: [PDF](https://capitol.tn.gov/Bills/114/Fiscal/HB1788.pdf)
- HA0733: [PDF](https://capitol.tn.gov/Bills/114/Amend/HA0733.pdf)
- Introduced: [PDF](https://capitol.tn.gov/Bills/114/Bill/SB2424.pdf)
- SA0578: [PDF](https://capitol.tn.gov/Bills/114/Amend/SA0578.pdf)

## Related bills

- SB 2419: AN ACT to amend Tennessee Code Annotated, Title 68, relative to fireworks. (signed)
- SB 2410: AN ACT to amend Tennessee Code Annotated, Title 7, Chapter 53; Title 13; Title 48, Chapter 101, Part 3; Title 56 and Title 67, relative to housing. (failed)
- SB 2295: AN ACT to amend Tennessee Code Annotated, Title 57 and Title 67, relative to products regulated by the alcoholic beverage commission. (signed)
- SB 2229: AN ACT to amend Tennessee Code Annotated, Title 12, Chapter 4, Part 4, relative to the prevailing wage rate. (failed)
- SB 2224: AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 29, Part 2; Title 20, Chapter 9, Part 6; Title 55, Chapter 17, Part 1; Title 62, Chapter 13; Title 6… (failed)
- SB 2221: AN ACT to amend Tennessee Code Annotated, Title 71, Chapter 5, Part 15, relative to ambulances. (signed)

## Sources
- [Enrolled / Public Chapter (PDF)](https://publications.tnsosfiles.com/acts/114/pub/pc0733.pdf)
- [Fiscal Note (PDF)](https://capitol.tn.gov/Bills/114/Fiscal/HB1788.pdf)
- [HA0733 (PDF)](https://capitol.tn.gov/Bills/114/Amend/HA0733.pdf)
- [Introduced (PDF)](https://capitol.tn.gov/Bills/114/Bill/SB2424.pdf)
- [SA0578 (PDF)](https://capitol.tn.gov/Bills/114/Amend/SA0578.pdf)

## Related
- [SB 2419: AN ACT to amend Tennessee Code Annotated, Title 68, relative to fireworks.](https://policyrisk.com/state-bill/TN-SB2419-2025-2026)
- [SB 2410: AN ACT to amend Tennessee Code Annotated, Title 7, Chapter 53; Title 13; Title…](https://policyrisk.com/state-bill/TN-SB2410-2025-2026)
- [SB 2295: AN ACT to amend Tennessee Code Annotated, Title 57 and Title 67, relative to pr…](https://policyrisk.com/state-bill/TN-SB2295-2025-2026)
- [SB 2229: AN ACT to amend Tennessee Code Annotated, Title 12, Chapter 4, Part 4, relative…](https://policyrisk.com/state-bill/TN-SB2229-2025-2026)
- [SB 2224: AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 29, Part 2; Title 20…](https://policyrisk.com/state-bill/TN-SB2224-2025-2026)
- [SB 2221: AN ACT to amend Tennessee Code Annotated, Title 71, Chapter 5, Part 15, relativ…](https://policyrisk.com/state-bill/TN-SB2221-2025-2026)
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Source: PRIA, https://policyrisk.com/state-bill/TN-SB2424-2025-2026 (as of 2026-11-01).