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SB 1286
  • Introduced
    Jan 31, 2023
  • Passed Senate
    Mar 21, 2024
  • Passed House
    Apr 11, 2024
  • Signed into Law
    Apr 29, 2024
SB 1286
Tennessee Senate Bill
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Banks and Financial Institutions - As enacted, authorizes a credit union with a state charter to purchase a participation interest in a loan from a bank, another credit union, or another eligible organization, without requiring membership of the borrower of the loan. - Amends TCA Title 4; Title 39; Title 45; Title 47 and Title 48.
Last Action See all actions
executive • May 09, 2024: Effective date(s) 07/01/2024
Latest Bill Text See all bill texts
Amended with SA0715 -- 03/21/2024

Official Summary/Bill Text

Comments on SB 1286

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Votes
Mar 12, 2024, Senate
SENATE COMMERCE AND LABOR COMMITTEE: Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 8, Nays 0 PNV 0 3/12/2024 Passed (2)
YES: 8
NO: 0
OTHER: 0
YES: 8

NO: 0

    OTHER: 0
    Sources
    Mar 19, 2024, House
    HOUSE BANKING AND CONSUMER AFFAIRS SUBCOMMITTEE: Rec for pass if am by s/c ref. to Commerce Committee 3/19/2024 (4)
    YES: 0
    NO: 0
    OTHER: 0
    YES: 0

      NO: 0

        OTHER: 0
        Sources
        Mar 21, 2024, Senate
        FLOOR VOTE: as Amended Third Consideration 3/21/2024 Passed (1)
        YES: 28
        NO: 0
        OTHER: 0
        YES: 28

        NO: 0

          OTHER: 0
          Sources
          Mar 26, 2024, House
          HOUSE COMMERCE COMMITTEE: Rec. for pass. if am., ref. to Calendar & Rules Committee 3/26/2024 (3)
          YES: 0
          NO: 0
          OTHER: 0
          YES: 0

            NO: 0

              OTHER: 0
              Sources
              Apr 11, 2024, House
              FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION 4/11/2024 Passed (1)
              YES: 83
              NO: 0
              OTHER: 4
              YES: 83

              NO: 0

                NOT VOTING: 4

                Sources
                Apr 11, 2024, House
                HOUSE CALENDAR & RULES COMMITTEE: H. Placed on Regular Calendar for 4/11/2024 4/4/2024 (2)
                YES: 0
                NO: 0
                OTHER: 0
                YES: 0

                  NO: 0

                    OTHER: 0
                    Sources
                    Actions
                    • May 09, 2024 | executive
                      • Pub. Ch. 803
                      • Effective date(s) 07/01/2024
                    • Apr 29, 2024 | Senate
                      • Signed by Governor.
                    • Apr 17, 2024 | Senate
                      • Transmitted to Governor for action.
                    • Apr 16, 2024 | House
                      • Signed by H. Speaker
                    • Apr 16, 2024 | Senate
                      • Signed by Senate Speaker
                    • Apr 15, 2024 | Senate
                      • Enrolled and ready for signatures
                    • Apr 11, 2024 | House
                      • Subst. for comp. HB.
                      • Am. withdrawn. (Amendment 1 - HA0799)
                      • Passed H., Ayes 83, Nays 0, PNV 4
                    • Mar 25, 2024 | House
                      • Rcvd. from S., held on H. desk.
                    • Mar 21, 2024 | Senate
                      • Senate adopted Amendment (Amendment 1 - SA0715)
                      • Passed Senate as amended, Ayes 28, Nays 0
                      • Engrossed; ready for transmission to House
                    • Mar 19, 2024 | Senate
                      • Placed on Senate Regular Calendar for 3/21/2024
                    • Mar 12, 2024 | Senate
                      • Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 8, Nays 0 PNV 0
                    • Mar 08, 2024 | Senate
                      • Placed on Senate Commerce and Labor Committee calendar for 3/12/2024
                    • Mar 06, 2024 | Senate
                      • Placed on Senate Commerce and Labor Committee calendar for 3/12/2024
                    • Mar 05, 2024 | Senate
                      • Action deferred in Senate Commerce and Labor Committee to 3/12/2024
                    • Feb 27, 2024 | Senate
                      • Placed on Senate Commerce and Labor Committee calendar for 3/5/2024
                    • Mar 21, 2023 | Senate
                      • Assigned to General Subcommittee of Senate Commerce and Labor Committee
                    • Mar 20, 2023 | Senate
                      • Action deferred in Senate Commerce and Labor Committee to 3/21/2023
                      • Placed on Senate Commerce and Labor Committee calendar for 3/21/2023
                    • Mar 14, 2023 | Senate
                      • Action deferred in Senate Commerce and Labor Committee to 3/21/2023
                      • Placed on Senate Commerce and Labor Committee calendar for 3/20/2023
                    • Mar 07, 2023 | Senate
                      • Placed on Senate Commerce and Labor Committee calendar for 3/14/2023
                    • Feb 06, 2023 | Senate
                      • Passed on Second Consideration, refer to Senate Commerce and Labor Committee
                    • Feb 02, 2023 | Senate
                      • Introduced, Passed on First Consideration
                    • Jan 31, 2023 | Senate
                      • Filed for introduction
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