SB 2641 — AN ACT to amend Tennessee Code Annotated, Title 9, Chapter 4, relative to investments.
Last action — Effective date(s) 07/01/2026
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced February 02, 2026. Enacted.
Signed by Governor Bill Lee (Republican) on May 06, 2026.
Odds of enactment
High chanceBased on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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Enacted
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (1 R).
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Cleared a recorded vote
Passed 3 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.
In plain language
The bill revises laws about pension plans and proxy advisors in Tennessee.
This bill updates existing regulations related to pension plans and the role of proxy advisors in Tennessee. It aims to revise how these financial elements operate under the law.
Summary
Public Funds and Financing - As enacted, revises law relative to pension plans and proxy advisors. - Amends TCA Title 9, Chapter 4.
Bill Text
- Full text View text Current pdf
Action History
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Filed for introduction
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Intro., P1C.
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P2C, ref. to State & Local Government Committee
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Assigned to s/c Public Service Subcommittee
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Sponsor(s) Added.
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Placed on s/c cal Public Service Subcommittee for 3/4/2026
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Action Def. in s/c Public Service Subcommittee to 3/11/2026
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Placed on s/c cal Public Service Subcommittee for 3/11/2026
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Action Def. in s/c Public Service Subcommittee to 3/18/2026
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Placed on s/c cal Public Service Subcommittee for 3/18/2026
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Action Def. in s/c Public Service Subcommittee to 3/25/2026
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Placed on s/c cal Public Service Subcommittee for 3/25/2026
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Rec for pass if am by s/c ref. to State & Local Government Committee
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Placed on cal. State & Local Government Committee for 3/31/2026
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Action def. in State & Local Government Committee to 4/8/2026
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Placed on cal. State & Local Government Committee for 4/8/2026
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Rec. for pass. if am., ref. to Calendar & Rules Committee
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Placed on cal. Calendar & Rules Committee for 4/20/2026
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H. Placed on Regular Calendar for 4/21/2026
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Comp. SB subst.
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Comp. became Pub. Ch. 986
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Filed for introduction
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Introduced, Passed on First Consideration
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Passed on Second Consideration, refer to Senate State and Local Government Committee
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Placed on Senate State and Local Government Committee calendar for 3/10/2026
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Action deferred in Senate State and Local Government Committee to 3/17/2026
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Placed on Senate State and Local Government Committee calendar for 3/17/2026
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Action deferred in Senate State and Local Government Committee to 3/24/2026
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Placed on Senate State and Local Government Committee calendar for 3/24/2026
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Action deferred in Senate State and Local Government Committee to 3/25/2026
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Placed on Senate State and Local Government Committee calendar for 3/25/2026
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Placed on Senate State and Local Government Committee calendar for 3/25/2026
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Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 8, Nays 1 PNV 0
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Placed on Senate Regular Calendar for 4/13/2026
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Senate adopted Amendment (Amendment 1 - SA0871)
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Passed Senate as amended, Ayes 27, Nays 6
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Engrossed; ready for transmission to House
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Rcvd. from S., held on H. desk.
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Subst. for comp. HB.
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Am. withdrawn. (Amendment 1 - HA1098)
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Passed H., Ayes 67, Nays 24, PNV 0
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Enrolled and ready for signatures
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Signed by Senate Speaker
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Signed by H. Speaker
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Transmitted to Governor for action.
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Signed by Governor.
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Pub. Ch. 986
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Effective date(s) 07/01/2026
Sponsors
- Kerry Roberts · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 132 not signed on
Sponsors (1)
- Roberts, Kerry Republican
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.
Votes
Roll call published as PDF — view source.
Roll call published as PDF — view source.
Roll call published as PDF — view source.
Subjects
Frequently asked questions
- What does SB 2641 do?
- Public Funds and Financing - As enacted, revises law relative to pension plans and proxy advisors. - Amends TCA Title 9, Chapter 4.
- Who sponsors SB 2641?
- SB 2641 is sponsored by Roberts, Kerry (Republican).
- What is the current status of SB 2641?
- This bill has been enacted into law. Introduced February 02, 2026. Enacted.
- Where can I track SB 2641?
- Track SB 2641 free on One Click Politics — get push/email alerts when it moves.
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