Tennessee General Assembly· HB 242Comp. SB subst.

Sunset Laws - As enacted, extends the department of financial institutions to June 30, 2029. - Amends TCA Title 4, Chapter 29 and Title 4, Chapter 3. Companion bill has been assigned Public Chapter Number 237 by the Secr, the official text

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PUBLIC CHAPTER NO. 237

SENATE BILL NO. 64

ByJackson,Roberts

Substituted for: House Bill No. 242

                                                             By Lafferty

AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 29 and Title 4, Chapter 3, relative to
          the department of financial institutions.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:

          SECTION 1. Tennessee Code Annotated, Section 4-29-246(a), is amended by deleting
subdivision (17).

          SECTION 2. Tennessee Code Annotated, Section 4-29-250(a), is amended by inserting the
following as a new subdivision:

                    ( ) Department of financial institutions, created by §§ 4-3-101 and 4-3-401;

          SECTION 3. This act takes effect upon becoming a law, the public welfare requiring it.
         SENATE BILL NO. 64

PASSED:  April 14, 2025

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                                            A~N~~I-y IVICNALL Y
                                     SPEAKER OF THE SENATE

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                               CAMERON SEXTON, SPEAKER
                              HOUSE OF REPRESENTATIVES

{¾x; APPROVED this :Jy-tl. day of  I        2025

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                        BILL LEE, GOVERNOR

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