---
type: "Bill"
title: "Insurance Companies, Agents, Brokers, Policies - As enacted, revises the criteria by which certain domestic insurance companies may invest or acquire an interest in foreign investment assets, real property, and certain money market funds. - Amends TCA Title 56, Chapter 3, Part 4."
description: "Insurance Companies, Agents, Brokers, Policies - As enacted, revises the criteria by which certain domestic insurance companies may invest or acquire an interest in foreign investment assets, real property, and certain money market funds. - Amends TCA Title 56, Chapter 3, Part 4."
jurisdiction: "us/states/tn"
legislature: "Tennessee General Assembly"
session: "114"
identifier: "SB 696"
citation: "Tennessee SB 696 (114)"
classification: ["bill"]
subjects: ["Agents", "Brokers", "Insurance Companies", "Policies"]
status: "enacted"
primary_sponsors: ["Johnson"]
version_count: 1
action_count: 19
vote_count: 2
first_action: "2025-02-03"
last_action: "2025-04-08"
source: "openstates"
source_identifier: "ocd-bill/391e9495-fac5-4fc4-af55-3a4016ff9194"
source_url: "https://wapp.capitol.tn.gov/apps/BillInfo/Default?BillNumber=SB0696&ga=114"
source_hash: "a3e6483cbef90dfdcabb37741e3eecb1769e58088955e6e1de8e4844372803c1"
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 696 (114) — Insurance Companies, Agents, Brokers, Policies - As enacted, revises the criteria by which certain domestic insurance companies may invest or acquire an interest in foreign investment assets, real property, and certain money market funds. - Amends TCA Title 56, Chapter 3, Part 4.

## Version chain

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

1. **Current Version** (committee substitute) — [source](https://capitol.tn.gov/Bills/114/Bill/SB0696.pdf)

## Votes

- SENATE COMMERCE AND LABOR COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 2/25/2025 Passed (2) — **8–0** (pass) · upper
- FLOOR VOTE: Motion to Adopt 3/3/2025 Passed (1) — **32–0** (pass) · upper

## Sponsors

- Johnson — primary (person)

## Timeline

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

- **2025-02-03** Filed for introduction `filing`
- **2025-02-10** Introduced, Passed on First Consideration `introduction`
- **2025-02-12** Passed on Second Consideration, refer to Senate Commerce and Labor Committee `referral-committee`
- **2025-02-18** Placed on Senate Commerce and Labor Committee calendar for 2/25/2025
- **2025-02-25** Recommended for passage, refer to Senate Calendar Committee
- **2025-02-27** Placed on Senate Consent Calendar 2 for 3/3/2025
- **2025-03-03** Sponsor(s) Added. `sponsorship`
- **2025-03-03** Engrossed; ready for transmission to House `receipt`
- **2025-03-03** Passed Senate, Ayes 32, Nays 0 `passage`
- **2025-03-06** Rcvd. from S., held on H. desk.
- **2025-03-10** Passed H., Ayes 95, Nays 0, PNV 0 `passage`
- **2025-03-10** Subst. for comp. HB. `substitution`
- **2025-03-11** Enrolled and ready for signatures `enrolled`
- **2025-03-12** Signed by H. Speaker `passage`
- **2025-03-12** Signed by Senate Speaker `passage`
- **2025-03-13** Transmitted to Governor for action. `executive-receipt`
- **2025-03-25** Signed by Governor. `executive-signature`
- **2025-04-08** Effective date(s) 03/25/2025
- **2025-04-08** Pub. Ch. 71

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/391e9495-fac5-4fc4-af55-3a4016ff9194`. Confidence: reported (aggregated from official Tennessee legislature records).