Bill
Bill > HB0242
TN HB0242
TN HB0242AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 29 and Title 4, Chapter 3, relative to the department of financial institutions.
summary
Introduced
01/21/2025
01/21/2025
In Committee
03/10/2025
03/10/2025
Crossed Over
Passed
04/29/2025
04/29/2025
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 extends the department of financial institutions' authorization until June 30, 2029, by making two specific amendments to Tennessee's legal code. First, the bill removes subdivision (17) from Section 4-29-246(a), which appears to be related to administrative provisions governing the department. Second, the bill inserts a new subdivision into Section 4-29-250(a) that explicitly references the department of financial institutions as created by Sections 4-3-101 and 4-3-401. These changes serve to continue the legal basis for the department of financial institutions, ensuring its continued operation and regulatory authority. The bill will take effect immediately upon becoming law, as stated in the final section, which emphasizes the public welfare aspect of maintaining this governmental department's functionality.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Comp. became Pub. Ch. 237 (on 04/29/2025)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB0242&ga=114 |
| BillText | https://publications.tnsosfiles.com/acts/114/pub/pc0237.pdf |
| BillText | https://www.capitol.tn.gov/Bills/114/Bill/HB0242.pdf |
| Fiscal Note - SB0064 | https://www.capitol.tn.gov/Bills/114/Fiscal/SB0064.pdf |
Loading...