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Bill > SB2397
TN SB2397
TN SB2397AN ACT to amend Tennessee Code Annotated, Title 4; Title 8; Title 9 and Title 50, relative to retirement.
summary
Introduced
02/02/2026
02/02/2026
In Committee
Crossed Over
Passed
05/15/2026
05/15/2026
Dead
Signed/Enacted/Adopted
05/15/2026
05/15/2026
Introduced Session
114th General Assembly
Bill Summary
As enacted, enacts the "Tennessee Trump Account Program Act." - Amends TCA Title 4; Title 8; Title 9 and Title 50.
AI Summary
This bill, titled the "Tennessee Trump Account Program Act," amends Tennessee law to allow the state to act as a nonbank custodian for "Trump account" funds, which are accounts established according to specific federal tax laws, including Section 530A of the Internal Revenue Code and related regulations from the U.S. Department of the Treasury. The state's ability to serve as this custodian is contingent upon receiving approval from the U.S. Department of the Treasury, and if such approval is granted, a formal Trump account program could be established through future legislative action.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Comp. became Pub. Ch. 910 (on 05/15/2026)
Bill Topics
Banking, Finance, and Domestic Commerce
- ‐ Banking System and Financial Institution Regulation and Reform
Labor and Employment
- ‐ Employee Benefits
Social Welfare
- ‐ Retirement Issues
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://wapp.capitol.tn.gov/apps/Billinfo/Default?BillNumber=SB2397&ga=114 | 02/03/2026 |
| BillText | https://publications.tnsosfiles.com/acts/114/pub/pc0910.pdf | 05/16/2026 |
| Amendment 1-0 to SB2397 | https://www.capitol.tn.gov/Bills/114/Amend/SA0897.pdf | 03/26/2026 |
| Amendment 1-0 to HB1447 | https://www.capitol.tn.gov/Bills/114/Amend/HA0855.pdf | 03/25/2026 |
| Fiscal Memo for HA0855 (16548) | https://www.capitol.tn.gov/Bills/114/Fiscal/FM3009.pdf | 03/25/2026 |
| Fiscal Note - HB1447 | https://www.capitol.tn.gov/Bills/114/Fiscal/HB1447.pdf | 02/12/2026 |
| BillText | https://www.capitol.tn.gov/Bills/114/Bill/SB2397.pdf | 02/03/2026 |
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