Tennessee House Bill 1286 (Prior Session Legislation)

---

Completed Legislative Action
Spectrum: Partisan Bill (Republican 15-0)
Status: Passed on May 24 2023 - 100% progression
Action: 2023-05-24 - Comp. became Pub. Ch. 471
Text: Latest bill text (Chaptered) [PDF]

As enacted, requires the department of treasury investment division staff to invest, reinvest, manage, and select investment options for program assets for financial reasons, excluding environmental, social, and governance interests that may not be material to the financial analysis of the investment, for the exclusive benefit of the beneficiaries of the programs while maximizing long-term shareholder value; makes other changes concerning the authority of the state treasurer. - Amends TCA Title 9, Chapter 4.

AN ACT to amend Tennessee Code Annotated, Title 9, Chapter 4, relative to investments.

Rep. Jason Zachary [R]	Rep. Bryan Terry [R]	Rep. Justin Lafferty [R]	Rep. David Hawk [R]
Rep. Elaine Davis [R]	Rep. Greg Vital [R]	Rep. Paul Sherrell [R]	Rep. Debra Moody [R]
Rep. Rusty Grills [R]	Rep. Dennis Powers [R]	Rep. Chris Todd [R]	Rep. Scott Cepicky [R]
Rep. John Ragan [R]	Rep. Bryan Richey [R]	Rep. Brock Martin [R]

Date	Chamber	Action
2023-05-24		Comp. became Pub. Ch. 471
2023-04-21	House	Sponsor(s) Added.
2023-04-21	House	Comp. SB subst.
2023-04-18	House	H. Placed on Regular Calendar for 4/20/2023
2023-04-18	House	Placed on cal. Calendar & Rules Committee for 4/18/2023
2023-04-18	House	Rec. for pass. if am., ref. to Calendar & Rules Committee
2023-04-18	House	Placed on cal. Finance, Ways, and Means Committee for 4/18/2023
2023-04-18	House	Rec. for pass by s/c ref. to Finance, Ways, and Means Committee
2023-04-12	House	Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/18/2023
2023-03-15	House	Placed behind the budget
2023-03-15	House	Sponsor(s) Added.
2023-03-08	House	Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/15/2023
2023-03-08	House	Action Def. in s/c Finance, Ways, and Means Subcommittee to 3/15/2023
2023-03-07	House	Sponsor(s) Added.
2023-03-01	House	Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/8/2023
2023-02-07	House	Assigned to s/c Finance, Ways, and Means Subcommittee
2023-02-02	House	P2C, ref. to Finance, Ways, and Means Committee
2023-02-01	House	Intro., P1C.
2023-01-31	House	Filed for introduction

SB0955 (Crossfiled) 2023-05-24 - Effective date(s) 05/17/2023

Type	Source
Summary	https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB1286&ga=113
Text	https://www.capitol.tn.gov/Bills/113/Bill/HB1286.pdf
Text	https://publications.tnsosfiles.com/acts/113/pub/pc0471.pdf
Amendment	https://www.capitol.tn.gov/Bills/113/Amend/HA0463.pdf
Supplement	https://www.capitol.tn.gov/Bills/113/Fiscal/SB0955.pdf
Supplement	https://www.capitol.tn.gov/Bills/113/Fiscal/FM0239.pdf