House Bill 415, also known as Senate Bill 838, amends various titles of the Tennessee Code Annotated to direct the Tennessee Advisory Commission on Intergovernmental Relations (TACIR) to conduct a comprehensive study aimed at enhancing the state's financial security and resilience. The study will focus on several key areas, including improving the sourcing and quality of essential goods such as food, oil, and medicine in response to potential disruptions in trade relations or significant price inflation. Additionally, it will explore ways to reduce dependence on centralized systems for finance, communication, energy, and transportation, and assess how the state can maintain financial transactions in the event of disruptions to electronic means.

TACIR is required to report its findings and recommendations, including any proposed legislation, to the General Assembly by September 1, 2025. The report can be delivered electronically, ensuring accessibility for all members. This legislation emphasizes the importance of state sovereignty and the need for proactive measures to safeguard the well-being of Tennessee residents against various economic and environmental challenges.