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SB 542
  • Introduced
    Jan 30, 2025
  • Passed Senate
  • Passed House
  • Signed into Law
SB 542
Tennessee Senate Bill
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Pensions and Retirement Benefits - As introduced, 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.
Last Action See all actions
Senate • Apr 09, 2025: Sponsor(s) Added.
Latest Bill Text See all bill texts
Introduced

Summary/Bill Text

Comments on SB 542

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Votes
Feb 26, 2025, House
HOUSE PUBLIC SERVICE SUBCOMMITTEE: Rec. for pass by s/c ref. to State & Local Government Committee 2/26/2025 Passed (3)
YES: 4
NO: 1
OTHER: 0
YES: 4

NO: 1

OTHER: 0
Sources
Mar 05, 2025, House
HOUSE STATE & LOCAL GOVERNMENT COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee 3/5/2025 Passed
YES: 17
NO: 1
OTHER: 2
YES: 17

NO: 1

NOT VOTING: 2

Sources
Mar 24, 2025, House
FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION 3/24/2025 Passed (1)
YES: 86
NO: 6
OTHER: 1
YES: 86

NO: 6

NOT VOTING: 1
  • Jones J

Sources
Mar 24, 2025, House
HOUSE CALENDAR & RULES COMMITTEE: H. Placed on Regular Calendar for 3/24/2025 3/20/2025 (2)
YES: 0
NO: 0
OTHER: 0
YES: 0

    NO: 0

      OTHER: 0
      Sources
      Apr 02, 2025, Senate
      SENATE STATE & LOCAL GOVERNMENT COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 4/2/2025 Passed (2)
      YES: 8
      NO: 1
      OTHER: 0
      YES: 8

      NO: 1

      OTHER: 0
      Sources
      Apr 09, 2025, Senate
      FLOOR VOTE: Third Consideration 4/9/2025 Passed (1)
      YES: 25
      NO: 1
      OTHER: 1
      YES: 25

      NO: 1

      NOT VOTING: 1

      Sources
      Actions
      • Apr 09, 2025 | Senate
        • Companion House Bill substituted
        • Sponsor(s) Added.
      • Apr 07, 2025 | Senate
        • Placed on Senate Regular Calendar for 4/9/2025
      • Apr 02, 2025 | Senate
        • Recommended for passage, refer to Senate Calendar Committee
      • Apr 01, 2025 | Senate
        • Action deferred in Senate State and Local Government Committee to 4/2/2025
        • Placed on Senate State and Local Government Committee calendar for 4/2/2025
      • Mar 26, 2025 | Senate
        • Placed on Senate State and Local Government Committee calendar for 4/1/2025
      • Mar 11, 2025 | Senate
        • Reset on Final calendar of Senate State and Local Government Committee
      • Mar 04, 2025 | Senate
        • Placed on Senate State and Local Government Committee calendar for 3/11/2025
      • Feb 25, 2025 | Senate
        • Action deferred in Senate State and Local Government Committee to 3/11/2025
      • Feb 18, 2025 | Senate
        • Placed on Senate State and Local Government Committee calendar for 2/25/2025
      • Feb 12, 2025 | Senate
        • Passed on Second Consideration, refer to Senate State and Local Government Committee
      • Feb 10, 2025 | Senate
        • Introduced, Passed on First Consideration
      • Jan 30, 2025 | Senate
        • Filed for introduction
      Bill Texts
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