Sunset Laws - As enacted, extends the collateral pool board to June 30, 2031. - Amends TCA Title 4, Chapter 29 and Title 9, Chapter 4, Part 5. SB1508 has been assigned Public Chapter Number 556 by the Secretary of State, the official text

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                              PUBLIC CHAPTER NO. 556

                                                   SENATE BILL NO. 1508

                                                            By Jackson

                                            Substituted for: House Bill No. 1567

                                                             By Lafferty

AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 29 and Title 9, Chapter 4, Part 5,
          relative to the collateral pool board.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
          SECTION 1. Tennessee Code Annotated, Section 4-29-247(a), is amended by deleting

subdivision (13).
          SECTION 2. Tennessee Code Annotated, Section 4-29-252(a), is amended by inserting the

following as a new subdivision:
                    () Collateral pool board, created by§ 9-4-506;

          SECTION 3. This act takes effect upon becoming a law, the public welfare requiring it.
         SENATE BILL NO. 1508

PASSED:  February 19, 2026

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                                  SPEAKER OF THE SE,

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                            CAME..'R811"'SEXTON, SPEAKER
                            HOUSE OF REPRESENTATIVES

~ APPROVED this flfJ._ day of                 2026

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                          BILL LEE, GOVERNOR