Tennessee 114th General Assembly Status: Enacted 1 R cosponsors

SB 0534 — AN ACT to amend Tennessee Code Annotated, Title 30 and Title 35, relative to trusts.

Last action — Comp. became Pub. Ch. 101

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Senate
  4. ✓
    Passed House
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced January 30, 2025. Enacted.

Signed by Governor Bill Lee (Republican) on March 19, 2025.

Prognosis

Likely to advance 72% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (1 R).

  • Cleared a recorded vote

    Passed 3 recorded votes so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Summary

Trusts - As enacted, establishes as a default rule of state trust law that a beneficiary is a non-fiduciary unless appointed in such capacity, and makes certain other changes relative to trusts. - Amends TCA Title 30 and Title 35.

Bill Text

Action History

  1. Filed for introduction

  2. Intro., P1C.

  3. P2C, ref. to Commerce Committee

  4. Assigned to s/c Banking & Consumer Affairs Subcommittee

  5. Placed on s/c cal Banking & Consumer Affairs Subcommittee for 2/19/2025

  6. Rec for pass if am by s/c ref. to Commerce Committee

  7. Placed on cal. Commerce Committee for 2/26/2025

  8. Rec. for pass. if am., ref. to Calendar & Rules Committee

  9. Placed on cal. Calendar & Rules Committee for 2/27/2025

  10. H. Placed on Regular Calendar for 3/3/2025

  11. Sponsor(s) Added.

  12. H. adopted am. (Amendment 1 - HA0021)

  13. Passed H., as am., Ayes 90, Nays 1, PNV 0

  14. Engrossed; ready for transmission to Sen.

  15. Received from House, Passed on First Consideration

  16. Senate substituted House Bill for companion Senate Bill.

  17. Amendment withdrawn. (Amendment 1 - SA0047)

  18. Passed Senate, Ayes 29, Nays 0

  19. Enrolled; ready for sig. of H. Speaker.

  20. Signed by H. Speaker

  21. Signed by Senate Speaker

  22. Transmitted to Governor for his action.

  23. Signed by Governor.

  24. Pub. Ch. 101

  25. Effective date(s) 07/01/2025

  26. Filed for introduction

  27. Introduced, Passed on First Consideration

  28. Passed on Second Consideration, refer to Senate Judiciary Committee

  29. Placed on Senate Judiciary Committee calendar for 3/4/2025

  30. Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 9, Nays 0 PNV 0

  31. Placed on Senate Regular Calendar for 3/10/2025

  32. Companion House Bill substituted

  33. Comp. became Pub. Ch. 101

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 132 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (132)

132 members have not signed on to this bill.

Show all 132 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Subjects

finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does SB 0534 do?
Trusts - As enacted, establishes as a default rule of state trust law that a beneficiary is a non-fiduciary unless appointed in such capacity, and makes certain other changes relative to trusts. - Amends TCA Title 30 and Title 35.
Who sponsors SB 0534?
SB 0534 is sponsored by Stevens, John (Republican).
What is the current status of SB 0534?
This bill has been enacted into law. Introduced January 30, 2025. Enacted.
Where can I track SB 0534?
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Last checked for changes 3 months ago · updated continuously

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