---
type: "Bill"
title: "Financial Institutions, Dept. of - As enacted, changes how the department calculates annual assessments for trust companies, including differentiating between public and private trust companies; changes the threshold at which a bank may obtain an evaluation in lieu of an appraisal for real property acquired by the bank. - Amends TCA Title 45, Chapter 1 and Title 45, Chapter 2."
description: "Financial Institutions, Dept. of - As enacted, changes how the department calculates annual assessments for trust companies, including differentiating between public and private trust companies; changes the threshold at which a bank may obtain an evaluation in lieu of an appraisal for real property acquired by the bank. - Amends TCA Title 45, Chapter 1 and Title 45, Chapter 2."
jurisdiction: "us/states/tn"
legislature: "Tennessee General Assembly"
session: "113"
identifier: "SB 2072"
citation: "Tennessee SB 2072 (113)"
classification: ["bill"]
subjects: ["Dept. of", "Financial Institutions"]
status: "enacted"
primary_sponsors: ["Johnson"]
version_count: 1
action_count: 17
vote_count: 4
first_action: "2024-01-29"
last_action: "2024-03-19"
source: "openstates"
source_identifier: "ocd-bill/6c45e825-a6ac-45a8-9075-a8a88db26dfb"
source_url: "http://wapp.capitol.tn.gov/apps/BillInfo/default.aspx?BillNumber=SB2072&GA=113"
source_hash: "f62892ced07eee1807262314823e5594052d5caf98898c73537bc27437487e5b"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-tn"]
---

# Tennessee SB 2072 (113) — Financial Institutions, Dept. of - As enacted, changes how the department calculates annual assessments for trust companies, including differentiating between public and private trust companies; changes the threshold at which a bank may obtain an evaluation in lieu of an appraisal for real property acquired by the bank. - Amends TCA Title 45, Chapter 1 and Title 45, Chapter 2.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Current Version** (committee substitute) — [source](https://www.capitol.tn.gov/Bills/113/Bill/SB2072.pdf)

## Votes

- FLOOR VOTE: Motion to Adopt 2/22/2024 Passed (1) — **33–0** (pass) · upper
- SENATE COMMERCE AND LABOR COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 2/13/2024 Passed — **8–0** (pass) · upper
- SENATE COMMERCE AND LABOR COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 2/13/2024 Passed (2) — **8–0** (pass) · upper
- FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION 2/22/2024 Passed (1) — **90–0** (pass) · lower

## Sponsors

- Johnson — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2024-01-29** Filed for introduction `filing`
- **2024-01-31** Introduced, Passed on First Consideration `introduction`
- **2024-02-01** Passed on Second Consideration, refer to Senate Commerce and Labor Committee `passage`
- **2024-02-06** Placed on Senate Commerce and Labor Committee calendar for 2/13/2024
- **2024-02-13** Recommended for passage, refer to Senate Calendar Committee
- **2024-02-20** Placed on Senate Consent Calendar 2 for 2/22/2024
- **2024-02-22** Passed H., Ayes 90, Nays 0, PNV 0 `passage`
- **2024-02-22** Subst. for comp. HB. `substitution`
- **2024-02-22** Engrossed; ready for transmission to House `receipt`
- **2024-02-22** Passed Senate, Ayes 33, Nays 0 `passage`
- **2024-02-23** Enrolled and ready for signatures `enrolled`
- **2024-02-26** Signed by Senate Speaker `passage`
- **2024-02-27** Signed by H. Speaker `passage`
- **2024-02-28** Transmitted to Governor for action. `executive-receipt`
- **2024-03-11** Signed by Governor. `executive-signature`
- **2024-03-19** Effective date(s) 07/01/2024
- **2024-03-19** Pub. Ch. 556

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/6c45e825-a6ac-45a8-9075-a8a88db26dfb`. Confidence: reported (aggregated from official Tennessee legislature records).