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TN SB0064
TN SB0064AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 29 and Title 4, Chapter 3, relative to the department of financial institutions.
summary
Introduced
01/09/2025
01/09/2025
In Committee
Crossed Over
02/20/2025
02/20/2025
Passed
04/16/2025
04/16/2025
Dead
Signed/Enacted/Adopted
04/29/2025
04/29/2025
Introduced Session
114th General Assembly
Bill Summary
As enacted, extends the department of financial institutions to June 30, 2029. - Amends TCA Title 4, Chapter 29 and Title 4, Chapter 3.
AI Summary
This bill makes technical amendments to Tennessee's legal code regarding the Department of Financial Institutions (DFI). Specifically, the bill removes a specific subdivision (numbered 17) from Section 4-29-246(a) and adds a new subdivision to Section 4-29-250(a) that explicitly references the Department of Financial Institutions, which was originally created by Sections 4-3-101 and 4-3-401 of Tennessee law. The primary purpose of these changes appears to be to update and clarify statutory references to the Department of Financial Institutions, potentially in preparation for extending the department's authorization through June 30, 2029, as mentioned in the government-provided summary. The bill will take effect immediately upon becoming law, as stated in the final section, and is designed to support the continued operation of the state's financial institutions regulatory agency.
Committee Categories
Government Affairs
Sponsors (2)
Last Action
Effective date(s) 04/24/2025 (on 04/29/2025)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB0064&ga=114 |
| BillText | https://publications.tnsosfiles.com/acts/114/pub/pc0237.pdf |
| Fiscal Note - SB0064 | https://www.capitol.tn.gov/Bills/114/Fiscal/SB0064.pdf |
| BillText | https://www.capitol.tn.gov/Bills/114/Bill/SB0064.pdf |
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