TN SB2875 | 2023-2024 | 113th General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 1 2024 - 25% progression, died in committee
Action: 2024-03-19 - Assigned to General Subcommittee of Senate State and Local Government Committee
Pending: Senate State and Local Government Committee
Text: Latest bill text (Draft #1) [PDF]

Summary

As introduced, provides for the remittance of an unused balance of funds in a sports betting account to the bettor by a licensee after a three-year period in which the account has been inactive; establishes notice requirements for a licensee for such remittance; authorizes a licensee to remit such funds to the state treasurer as unclaimed property after a certain period during which the licensee exercises reasonable due diligence to locate the bettor. - Amends TCA Title 4, Chapter 49, Part 1 and Title 66, Chapter 29, Part 1.

Tracking Information

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Title

AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 49, Part 1 and Title 66, Chapter 29, Part 1, relative to sports wagering.

Sponsors


History

DateChamberAction
2024-03-19SenateAssigned to General Subcommittee of Senate State and Local Government Committee
2024-03-12SenatePlaced on Senate State and Local Government Committee calendar for 3/19/2024
2024-03-12SenateAction deferred in Senate State and Local Government Committee to 3/19/2024
2024-03-05SenatePlaced on Senate State and Local Government Committee calendar for 3/12/2024
2024-03-05SenateAction deferred in Senate State and Local Government Committee to 3/12/2024
2024-02-27SenatePlaced on Senate State and Local Government Committee calendar for 3/5/2024
2024-02-05SenatePassed on Second Consideration, refer to Senate State and Local Government Committee
2024-02-01SenateIntroduced, Passed on First Consideration
2024-02-01SenateFiled for introduction

Same As/Similar To

HB2946 (Crossfiled) 2024-03-27 - Taken off notice for cal. in State Government Committee

Subjects


Tennessee State Sources


Bill Comments

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