TN SB1634 | 2019-2020 | 111th General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Engrossed on February 13 2020 - 50% progression
Action: 2020-02-13 - Engrossed; ready for transmission to House
Text: Latest bill text (Draft #1) [PDF]

Summary

As introduced, increases from “eight months to a year” to “32 to 36 months” the time within which the treasurer must sell a security after receiving it; extends from “eight months” to “32 months” the minimum time period during which the treasurer is required to hold a security prior to selling it and paying the sale proceeds to the owner, upon the owner's request. - Amends TCA Section 66-29-142 and Section 66-29-154.

Tracking Information

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Title

As introduced, increases from “eight months to a year” to “32 to 36 months” the time within which the treasurer must sell a security after receiving it; extends from “eight months” to “32 months” the minimum time period during which the treasurer is required to hold a security prior to selling it and paying the sale proceeds to the owner, upon the owner's request. - Amends TCA Section 66-29-142 and Section 66-29-154.

Sponsors


Roll Calls

2020-02-13 - Senate - FLOOR VOTE: Motion to Adopt (Y: 31 N: 0 NV: 0 Abs: 0) [PASS]
2020-02-11 - Senate - SENATE FINANCE, WAYS AND MEANS COMMITTEE: Recommended for passage, refer to Senate Calendar Committee (Y: 10 N: 0 NV: 0 Abs: 0) [PASS]
2020-02-04 - Senate - SENATE COMMERCE AND LABOR COMMITTEE: Recommended for passage, refer to Senate Finance, Ways, and Means Committee (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2020-02-13SenateEngrossed; ready for transmission to House
2020-02-13SenatePassed Senate, Ayes 31, Nays 0
2020-02-11SenatePlaced on Senate Consent Calendar 2 for 2/13/2020
2020-02-11SenateRecommended for passage, refer to Senate Calendar Committee
2020-02-04SenatePlaced on Senate Finance, Ways, and Means Committee calendar for 2/11/2020
2020-02-04SenateRecommended for passage, refer to Senate Finance, Ways, and Means Committee
2020-01-28SenatePlaced on Senate Commerce and Labor Committee calendar for 2/4/2020
2020-01-22SenatePassed on Second Consideration, refer to Senate Commerce and Labor Committee
2020-01-16SenateIntroduced, Passed on First Consideration
2020-01-15SenateFiled for introduction

Same As/Similar To

HB1851 (Crossfiled) 2020-01-27 - Assigned to s/c Departments & Agencies Subcommittee

Subjects


Tennessee State Sources


Bill Comments

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