TN SB9010 | 2021-2022 | 112th General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 4-0)
Status: Passed on November 18 2021 - 100% progression
Action: 2021-11-18 - Comp. became Pub. Ch. 2
Text: Latest bill text (Chaptered) [PDF]

Summary

As enacted, adds cash as a form of eligible collateral for purposes of the collateral required to be pledged to secure public deposits; decreases the collateral pledge level for public deposits held by collateral pool banks. - Amends TCA Title 9, Chapter 4.

Tracking Information

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Title

AN ACT to amend Tennessee Code Annotated, Title 9, Chapter 4, relative to the collateral pledged to secure public deposits.

Sponsors


Roll Calls


History

DateChamberAction
2021-11-18 Comp. became Pub. Ch. 2
2021-11-01SenateSponsor(s) Added.
2021-10-29SenateCompanion House Bill substituted
2021-10-29SenatePlaced on Senate Regular Calendar for 10/29/2021
2021-10-28SenateRecommended for passage, refer to Senate Calendar Committee
2021-10-28SenatePlaced on Senate Commerce and Labor Committee calendar for 10/28/2021
2021-10-28SenatePassed on Second Consideration, refer to Senate Commerce & Labor Committee
2021-10-27SenateIntroduced, Passed on First Consideration
2021-10-27SenateSponsor(s) Added.
2021-10-27SenateFiled for introduction

Same As/Similar To

HB9073 (Crossfiled) 2021-11-18 - Effective date(s) 11/12/2021

Subjects


Tennessee State Sources


Bill Comments

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