govt.fyi
Tennessee General Assembly · SB 542 · Sponsor(s) Added.

Pensions and Retirement Benefits - As enacted, requires the TCRS board of trustees to divest the retirement system from investment activity it has in a company known to be majority-owned by China; requires a local govern

Introduced
Moved
Reached a final decision
Became law
Derived from the official record below.

Officially: “AN ACT to amend Tennessee Code Annotated, Title 9, Chapter 4, Part 15, relative to investments. Read the full text

114th general assembly (2025-2026)

What it does

Pensions and Retirement Benefits - As enacted, requires the TCRS board of trustees to divest the retirement system from investment activity it has in a company known to be majority-owned by China; requires a local governing body to divest its political subdivision pension plan from investment activity it has in a company known to be majority-owned by China. - Amends TCA Title 9, Chapter 4, Part 15. Companion bill has been assigned Public Chapter Number 289 by the Secretary of State.
From the official legislative record, shown verbatim. Not legal advice.

Where it is

Show all 43 actions
Filed for introduction · Feb 4, 2025

House

Intro., P1C. · Feb 5, 2025

House

P2C, ref. to State & Local Government Committee · Feb 6, 2025

House

Assigned to s/c Public Service Subcommittee · Feb 10, 2025

House

Placed on s/c cal Public Service Subcommittee for 2/19/2025 · Feb 12, 2025

House

Sponsor(s) Added. · Feb 14, 2025

House

Meeting Canceled · Feb 19, 2025

House

Placed on s/c cal Public Service Subcommittee for 2/26/2025 · Feb 20, 2025

House

Sponsor(s) Added. · Feb 25, 2025

House

Rec. for pass by s/c ref. to State & Local Government Committee · Feb 26, 2025

House

Placed on cal. State & Local Government Committee for 3/5/2025 · Feb 26, 2025

House

Sponsor(s) Added. · Mar 4, 2025

House

Sponsor(s) Added. · Mar 5, 2025

House

Rec. for pass; ref to Calendar & Rules Committee · Mar 5, 2025

House

Placed on cal. Calendar & Rules Committee for 3/20/2025 · Mar 19, 2025

House

H. Placed on Regular Calendar for 3/24/2025 · Mar 20, 2025

House

Sponsor(s) Added. · Mar 24, 2025

House

Passed H., Ayes 86, Nays 6, PNV 1 · Mar 24, 2025

House

Engrossed; ready for transmission to Sen. · Mar 25, 2025

House

Received from House, Passed on First Consideration · Mar 26, 2025

Senate

Senate substituted House Bill for companion Senate Bill. · Apr 9, 2025

Senate

Passed Senate, Ayes 25, Nays 1, PNV 1 · Apr 9, 2025

Senate

Enrolled; ready for sig. of H. Speaker. · Apr 9, 2025

House

Signed by H. Speaker · Apr 14, 2025

House

Signed by Senate Speaker · Apr 15, 2025

Senate

Transmitted to Governor for his action. · Apr 16, 2025

House

Signed by Governor. · Apr 24, 2025

Senate

Pub. Ch. 289 · Apr 28, 2025

Senate

Effective date(s) 04/24/2025 · Apr 28, 2025

Senate

Filed for introduction · Jan 30, 2025

Senate

Introduced, Passed on First Consideration · Feb 10, 2025

Senate

Passed on Second Consideration, refer to Senate State and Local Government Committee · Feb 12, 2025

Senate

Placed on Senate State and Local Government Committee calendar for 2/25/2025 · Feb 18, 2025

Senate

Action deferred in Senate State and Local Government Committee to 3/11/2025 · Feb 25, 2025

Senate

Placed on Senate State and Local Government Committee calendar for 3/11/2025 · Mar 4, 2025

Senate

Reset on Final calendar of Senate State and Local Government Committee · Mar 11, 2025

Senate

Placed on Senate State and Local Government Committee calendar for 4/1/2025 · Mar 26, 2025

Senate

Action deferred in Senate State and Local Government Committee to 4/2/2025 · Apr 1, 2025

Senate

Placed on Senate State and Local Government Committee calendar for 4/2/2025 · Apr 1, 2025

Senate

Recommended for passage, refer to Senate Calendar Committee · Apr 2, 2025

Senate

Placed on Senate Regular Calendar for 4/9/2025 · Apr 7, 2025

Senate

Companion House Bill substituted · Apr 9, 2025

Senate

Sponsor(s) Added. · Apr 9, 2025

Senate

The numbers

7
sponsors on the bill

Sponsors

StevensBowlingHatcherHensleyLoweTaylorYager

Recorded votes

Recommended for passage, refer to Senate Calendar CommitteeSenate · 2025-04-02 · Passed · Ayes 8, Noes 1
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: Sponsor(s) Added. (Apr 9, 2025).