Tennessee 114th General Assembly Status: Enacted 1 R cosponsors

SB 1279 — AN ACT to amend Tennessee Code Annotated, Title 45, Chapter 2, relative to banking.

Last action — Effective date(s) 07/01/2026

  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 13, 2025. Enacted.

Signed by Governor Bill Lee (Republican) on March 25, 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 72% · moderate confidence

  • 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 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

Financial Institutions, Dept. of - As enacted, authorizes the commissioner to determine the type, amounts, and other characteristics of deposit insurance required to be maintained by each state bank; describes criteria the commissioner must consider in making the determinations. - Amends TCA Title 45, Chapter 2.

Bill Text

Action History

  1. Filed for introduction

  2. Intro., P1C.

  3. P2C held on desk, pending appointment of Standing Committees

  4. Ref. to Commerce Committee - Government Operations for Review

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

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

  7. Sponsor(s) Added.

  8. Rec. for pass by s/c ref. to Commerce Committee

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

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

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

  12. Re-ref. Government Operations Committee

  13. Placed on cal. Government Operations Committee for 3/10/2025

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

  15. Placed on cal. Calendar & Rules Committee for 3/20/2025

  16. H. Placed on Consent Calendar for 3/24/2025

  17. Comp. SB subst.

  18. Comp. became Pub. Ch. 126

  19. Filed for introduction

  20. Introduced, Passed on First Consideration

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

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

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

  24. Recommended for passage, refer to Senate Calendar Committee

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

  26. Passed Senate, Ayes 30, Nays 0

  27. Engrossed; ready for transmission to House

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

  29. Subst. for comp. HB.

  30. Passed H., Ayes 96, Nays 0, PNV 0

  31. Enrolled and ready for signatures

  32. Signed by Senate Speaker

  33. Signed by H. Speaker

  34. Transmitted to Governor for action.

  35. Signed by Governor.

  36. Pub. Ch. 126

  37. Effective date(s) 07/01/2026

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 1279 do?
Financial Institutions, Dept. of - As enacted, authorizes the commissioner to determine the type, amounts, and other characteristics of deposit insurance required to be maintained by each state bank; describes criteria the commissioner must consider in making the determinations. - Amends TCA Title 45, Chapter 2.
Who sponsors SB 1279?
SB 1279 is sponsored by Johnson, Jack (Republican).
What is the current status of SB 1279?
This bill has been enacted into law. Introduced January 13, 2025. Enacted.
Where can I track SB 1279?
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