---
type: "Bill"
title: "Banks and Financial Institutions - As enacted, extends, from one to two business days following receipt of a garnishment, the period of time within which a garnishee must determine whether the garnishee possesses or controls money or property of the judgment debtor, place a hold on any available funds, and furnish to the judgment debtor a copy of the garnishment summons and the notice to judgment debtor; makes other changes related to banking. - Amends TCA Title 26; Title 45 and Title 47."
description: "Banks and Financial Institutions - As enacted, extends, from one to two business days following receipt of a garnishment, the period of time within which a garnishee must determine whether the garnishee possesses or controls money or property of the judgment debtor, place a hold on any available funds, and furnish to the judgment debtor a copy of the garnishment summons and the notice to judgment debtor; makes other changes related to banking. - Amends TCA Title 26; Title 45 and Title 47."
jurisdiction: "us/states/tn"
legislature: "Tennessee General Assembly"
session: "114"
identifier: "SB 765"
citation: "Tennessee SB 765 (114)"
classification: ["bill"]
subjects: ["Banks and Financial Institutions"]
status: "enacted"
primary_sponsors: ["Bailey"]
version_count: 3
action_count: 20
vote_count: 3
first_action: "2025-02-04"
last_action: "2025-04-30"
source: "openstates"
source_identifier: "ocd-bill/14f7f6d9-cff4-40c5-88b2-205c0155d7c1"
source_url: "https://wapp.capitol.tn.gov/apps/BillInfo/Default?BillNumber=SB0765&ga=114"
source_hash: "573d40574326e149466f0709020005a42201fbf56cecdd349bb9746174e382d0"
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 765 (114) — Banks and Financial Institutions - As enacted, extends, from one to two business days following receipt of a garnishment, the period of time within which a garnishee must determine whether the garnishee possesses or controls money or property of the judgment debtor, place a hold on any available funds, and furnish to the judgment debtor a copy of the garnishment summons and the notice to judgment debtor; makes other changes related to banking. - Amends TCA Title 26; Title 45 and Title 47.

## Version chain

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

1. **Amendment HA0124** (committee substitute) — [source](https://capitol.tn.gov/Bills/114/Amend/HA0124.pdf)
2. **Amendment SA0043** (committee substitute) — [source](https://capitol.tn.gov/Bills/114/Amend/SA0043.pdf)
3. **Current Version** (committee substitute) — [source](https://capitol.tn.gov/Bills/114/Bill/SB0765.pdf)

## Votes

- FLOOR VOTE: as Amended Third Consideration 3/10/2025 Passed (1) — **29–0** (pass) · upper
- FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION 3/27/2025 Passed (1) — **94–0** (pass) · lower
- SENATE JUDICIARY COMMITTEE: Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 9, Nays 0 PNV 0 3/4/2025 Passed (2) — **9–0** (pass) · upper

## Sponsors

- Bailey — primary (person)

## Timeline

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

- **2025-02-04** Filed for introduction `filing`
- **2025-02-10** Introduced, Passed on First Consideration `introduction`
- **2025-02-12** Passed on Second Consideration, refer to Senate Judiciary Committee `referral-committee`
- **2025-02-26** Placed on Senate Judiciary Committee calendar for 3/4/2025
- **2025-03-04** Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 9, Nays 0 PNV 0
- **2025-03-07** Placed on Senate Regular Calendar for 3/10/2025
- **2025-03-10** Engrossed; ready for transmission to House `receipt`
- **2025-03-10** Passed Senate as amended, Ayes 29, Nays 0 `passage`
- **2025-03-10** Senate adopted Amendment (Amendment 1 - SA0043)
- **2025-03-13** Rcvd. from S., held on H. desk.
- **2025-03-27** Passed H., Ayes 94, Nays 0, PNV 1 `passage`
- **2025-03-27** Am. withdrawn. (Amendment 1 - HA0124) `amendment-withdrawal`
- **2025-03-27** Subst. for comp. HB. `substitution`
- **2025-03-28** Enrolled and ready for signatures `enrolled`
- **2025-04-01** Signed by Senate Speaker `passage`
- **2025-04-02** Transmitted to Governor for action. `executive-receipt`
- **2025-04-02** Signed by H. Speaker `passage`
- **2025-04-11** Signed by Governor. `executive-signature`
- **2025-04-30** Effective date(s) 04/11/2025
- **2025-04-30** Pub. Ch. 174

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/14f7f6d9-cff4-40c5-88b2-205c0155d7c1`. Confidence: reported (aggregated from official Tennessee legislature records).