House Bill 417 amends the Tennessee Code Annotated regarding money transmission by changing specific deadlines. In particular, it modifies Section 45-7-116(a)(2) and Section 45-7-116(b) by deleting the date "November 1" and substituting it with "October 15." This change affects the timing of certain regulatory requirements related to money transmission in the state.

The bill is set to take effect immediately upon becoming law, emphasizing the urgency of the changes for the public welfare. This adjustment aims to streamline the regulatory process for money transmission in Tennessee by moving the deadlines earlier in the year.

Statutes affected:
Introduced: 45-7-116(a)(2), 45-7-116, 45-7-116(b)