Tennessee 114th General Assembly Status: Enacted 2 R cosponsors

SB 1137 — AN ACT to amend Tennessee Code Annotated, Title 47, Chapter 16, relative to relative to litigation financiers.

Last action — Effective date(s) 04/24/2025

  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 February 06, 2025. Enacted.

Signed by Governor Bill Lee (Republican) on April 17, 2025.

Odds of enactment

High chance

Based on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Likely to advance 74% · moderate confidence

  • Enacted

    Current position in the legislative process.

  • 2 sponsors

    1 primary, 1 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (2 R).

  • Cleared a recorded vote

    Passed 2 recorded votes so far.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Summary

Secretary of State - As enacted, allows a litigation financier that is not a business entity or partnership to amend or withdraw its registration with the secretary of state by filing a form prescribed by the secretary of state, along with a filing fee of $20. - Amends TCA Title 47, Chapter 16.

Bill Text

Action History

  1. Filed for introduction

  2. Intro., P1C.

  3. P2C, ref. to State & Local Government Committee

  4. Assigned to s/c Departments & Agencies Subcommittee

  5. Placed on s/c cal Departments & Agencies Subcommittee for 2/25/2025

  6. Rec. for pass by s/c ref. to State & Local Government Committee

  7. Placed on cal. State & Local Government Committee for 3/5/2025

  8. Action def. in State & Local Government Committee to 3/12/2025

  9. Placed on cal. State & Local Government Committee for 3/12/2025

  10. Action def. in State & Local Government Committee to 3/19/2025

  11. Placed on cal. State & Local Government Committee for 3/19/2025

  12. Action def. in State & Local Government Committee to 3/26/2025

  13. Placed on cal. State & Local Government Committee for 3/26/2025

  14. Action def. in State & Local Government Committee to 4/2/2025

  15. Placed on cal. State & Local Government Committee for 4/2/2025

  16. Action def. in State & Local Government Committee to 4/9/2025

  17. Placed on cal. State & Local Government Committee for 4/9/2025

  18. Rec. for pass; ref to Calendar & Rules Committee

  19. Placed on cal. Calendar & Rules Committee for 4/10/2025

  20. H. Placed on Consent Calendar for 4/14/2025

  21. Sponsor(s) Added.

  22. Comp. SB subst.

  23. Comp. became Pub. Ch. 271

  24. Filed for introduction

  25. Introduced, Passed on First Consideration

  26. Sponsor change.

  27. Sponsor(s) Added.

  28. Passed on Second Consideration, refer to Senate Commerce and Labor Committee

  29. Placed on Senate Commerce and Labor Committee calendar for 2/25/2025

  30. Action deferred in Senate Commerce and Labor Committee to 3/4/2025

  31. Placed on Senate Commerce and Labor Committee calendar for 3/4/2025

  32. Placed on Senate Commerce and Labor Committee calendar for 3/4/2025

  33. Recommended for passage, refer to Senate Calendar Committee

  34. Placed on Senate Consent Calendar 2 for 3/10/2025

  35. Passed Senate, Ayes 30, Nays 0

  36. Engrossed; ready for transmission to House

  37. Rcvd. from S., held on H. desk.

  38. Subst. for comp. HB.

  39. Passed H., Ayes 94, Nays 0, PNV 1

  40. Enrolled and ready for signatures

  41. Signed by Senate Speaker

  42. Signed by H. Speaker

  43. Transmitted to Governor for action.

  44. Signed by Governor.

  45. Pub. Ch. 271

  46. Effective date(s) 04/24/2025

Sponsors

Sponsorship breakdown

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1 sponsors · 1 co-sponsors · 131 not signed on

Sponsors (1)

Co-sponsors (1)

Not signed on (131)

131 members have not signed on to this bill.

Show all 131 →

"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 1137 do?
Secretary of State - As enacted, allows a litigation financier that is not a business entity or partnership to amend or withdraw its registration with the secretary of state by filing a form prescribed by the secretary of state, along with a filing fee of $20. - Amends TCA Title 47, Chapter 16.
Who sponsors SB 1137?
SB 1137 is sponsored by Stevens, John (Republican) and Lowe, Adam (Republican).
What is the current status of SB 1137?
This bill has been enacted into law. Introduced February 06, 2025. Enacted.
Where can I track SB 1137?
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Last checked for changes 3 months ago · updated continuously

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