TN SB1011 | 2021-2022 | 112th General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 10 2021 - 25% progression, died in committee
Action: 2021-02-22 - Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee
Pending: Senate Finance, Ways and Means Committee
Text: Latest bill text (Draft #1) [PDF]

Summary

As introduced, prohibits monies within the state pooled investment fund from being invested on or after August 1, 2021, in any entity that receives immunity under Section 230 of the federal Communications Decency Act; requires divestment of any monies that are invested in such an entity before August 1, 2021; requires written notice of the divestment to such entity at the earliest practicable time. - Amends TCA Title 4; Title 8; Title 9; Title 12 and Title 49.

Tracking Information

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Title

AN ACT to amend Tennessee Code Annotated, Title 4; Title 8; Title 9; Title 12 and Title 49, relative to investment of state funds.

Sponsors


History

DateChamberAction
2021-02-22SenatePassed on Second Consideration, refer to Senate Finance, Ways, and Means Committee
2021-02-11SenateIntroduced, Passed on First Consideration
2021-02-10SenateFiled for introduction

Same As/Similar To

HB1441 (Crossfiled) 2021-03-01 - Assigned to s/c Finance, Ways, and Means Subcommittee

Subjects


Tennessee State Sources


Bill Comments

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