Interest Rates - As enacted, removes the weighted average yield of the accepted offers of the Federal National Mortgage Association's current free market system auction and the 30-year treasury yield as the two bases upo
Introduced
Moved
Reached a final decision
Became law
Derived from the official record below.
Officially: “AN ACT to amend Tennessee Code Annotated, Title 45 and Title 47, relative to interest on home loans.” Read the full text
114th general assembly (2025-2026)
What it does
Interest Rates - As enacted, removes the weighted average yield of the accepted offers of the Federal National Mortgage Association's current free market system auction and the 30-year treasury yield as the two bases upon which the maximum effective rate of interest on home loans may be set by the commissioner of financial institutions, and replaces them with the average prime offer rate. - Amends TCA Title 45 and Title 47. HB0908 has been assigned Public Chapter Number 290 by the Secretary of S
From the official legislative record, shown verbatim. Not legal advice.
Where it is
Show all 36 actions
Filed for introduction · Feb 4, 2025
Senate
Introduced, Passed on First Consideration · Feb 10, 2025
Senate
Passed on Second Consideration, refer to Senate Commerce and Labor Committee · Feb 12, 2025
Senate
Placed on Senate Commerce and Labor Committee calendar for 2/25/2025 · Feb 18, 2025
Senate
Action deferred in Senate Commerce and Labor Committee to 3/4/2025 · Feb 25, 2025
Senate
Placed on Senate Commerce and Labor Committee calendar for 3/4/2025 · Feb 25, 2025
Senate
Placed on Senate Commerce and Labor Committee calendar for 3/4/2025 · Feb 25, 2025
Senate
Action deferred in Senate Commerce & Labor Committee to 3/11/2025 · Mar 4, 2025
Senate
Placed on Senate Commerce and Labor Committee calendar for 3/11/2025 · Mar 5, 2025
Senate
Recommended for passage, refer to Senate Calendar Committee · Mar 11, 2025
Senate
Placed on Senate Regular Calendar for 3/17/2025 · Mar 14, 2025
Senate
Companion House Bill substituted · Mar 17, 2025
Senate
Comp. became Pub. Ch. 290 · Apr 28, 2025
House
Filed for introduction · Feb 4, 2025
House
Intro., P1C. · Feb 5, 2025
House
P2C, ref. to Commerce Committee · Feb 6, 2025
House
Assigned to s/c Banking & Consumer Affairs Subcommittee · Feb 10, 2025
House
Placed on s/c cal Banking & Consumer Affairs Subcommittee for 2/19/2025 · Feb 12, 2025
House
Rec. for pass by s/c ref. to Commerce Committee · Feb 19, 2025
House
Placed on cal. Commerce Committee for 2/26/2025 · Feb 19, 2025
House
Rec. for pass; ref to Calendar & Rules Committee · Feb 26, 2025
House
Placed on cal. Calendar & Rules Committee for 2/27/2025 · Feb 26, 2025
House
H. Placed on Consent Calendar for 3/3/2025 · Feb 27, 2025
House
Passed H., Ayes 90, Nays 0, PNV 0 · Mar 3, 2025
House
Engrossed; ready for transmission to Sen. · Mar 4, 2025
House
Received from House, Passed on First Consideration · Mar 6, 2025
Senate
Senate substituted House Bill for companion Senate Bill. · Mar 17, 2025
Senate
Senate Reset on calendar for 3/20/2025 · Mar 17, 2025
Senate
Placed on Senate Regular Calendar for 3/20/2025 · Mar 18, 2025
Senate
Senate Reset on calendar for 4/7/2025 · Mar 20, 2025
Senate
Placed on Senate Regular Calendar for 4/7/2025 · Apr 4, 2025
Senate
Passed Senate, Ayes 24, Nays 5, PNV 1 · Apr 7, 2025
Senate
Enrolled; ready for sig. of H. Speaker. · Apr 8, 2025
House
Signed by H. Speaker · Apr 10, 2025
House
Signed by Senate Speaker · Apr 14, 2025
Senate
Transmitted to Governor for his action. · Apr 16, 2025
House
The numbers
1
sponsor on the bill
Sponsors
Recorded votes
Third ConsiderationSenate · 2025-04-07 · Passed · Ayes 24, Noes 5, Present and not voting 1
MOTION TO RECALL FROM SENATEHouse · 2025-03-27 · Failed · Ayes 23, Noes 70
CONSENT CALENDAR PASSAGE ON THIRD CONSIDERATIONHouse · 2025-03-03 · Passed · Ayes 90, Noes 0
Rec. for pass; ref to Calendar & Rules CommitteeHouse · 2025-02-26 · Passed · Ayes 22, Noes 0
Rec. for pass by s/c ref. to Commerce CommitteeHouse · 2025-02-19 · Passed · Ayes 5, Noes 0
Roll-call results shown verbatim from the Tennessee legislature’s records. A result reflects that roll call’s own motion, not the bill’s overall outcome.
Every fact on this page links to its source, starting with the official bill record. Last action: Transmitted to Governor for his action. (Apr 16, 2025).