---
type: "Bill"
title: "Pensions and Retirement Benefits - As enacted, authorizes board of trustees for the Tennessee consolidated retirement system to co-invest a political subdivision's pension plan assets or take custody of such assets under certain circumstances. - Amends TCA Section 9-3-507."
description: "Pensions and Retirement Benefits - As enacted, authorizes board of trustees for the Tennessee consolidated retirement system to co-invest a political subdivision's pension plan assets or take custody of such assets under certain circumstances. - Amends TCA Section 9-3-507."
jurisdiction: "us/states/tn"
legislature: "Tennessee General Assembly"
session: "110"
identifier: "HB 1865"
citation: "Tennessee HB 1865 (110)"
classification: ["bill"]
subjects: ["Pensions and Retirement Benefits"]
status: "enacted"
primary_sponsors: ["Hazlewood", "Stevens"]
version_count: 1
action_count: 38
vote_count: 3
first_action: "2018-01-22"
last_action: "2018-05-04"
source: "openstates"
source_identifier: "ocd-bill/c76a4d05-e65b-4298-9d4d-96bb859b6c43"
source_url: "http://wapp.capitol.tn.gov/apps/BillInfo/default.aspx?BillNumber=HB1865&GA=110"
source_hash: "7404e0f19120d1b8fb77c140f170a361826aa0718e8c286d96cbab7ce41d3775"
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 HB 1865 (110) — Pensions and Retirement Benefits - As enacted, authorizes board of trustees for the Tennessee consolidated retirement system to co-invest a political subdivision's pension plan assets or take custody of such assets under certain circumstances. - Amends TCA Section 9-3-507.

## Version chain

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

1. **Current Version** (committee substitute) — [source](http://www.capitol.tn.gov/Bills/110/Bill/HB1865.pdf)

## Votes

- FINANCE, WAYS & MEANS COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee 3/27/2018 (2) — **0–0** (pass) · lower
- FINANCE, WAYS & MEANS SUBCOMMITTEE: Rec. for pass by s/c ref. to Finance, Ways & Means Committee 3/21/2018 (3) — **0–0** (pass) · lower
- CALENDAR & RULES COMMITTEE: H. Placed on Regular Calendar for 4/16/2018 4/10/2018 (1) — **0–0** (fail) · lower

## Sponsors

- Hazlewood — primary (person)
- Stevens — primary (person)

## Timeline

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

- **2018-01-22** Filed for introduction `introduction, reading-1`
- **2018-01-24** Filed for intro. `introduction, reading-1`
- **2018-01-24** Introduced, Passed on First Consideration `introduction`
- **2018-01-25** Intro., P1C. `introduction`
- **2018-01-25** Passed on Second Consideration, refer to Senate Finance, Ways, and Means Committee
- **2018-01-29** P2C, ref. to Finance, Ways & Means Committee `referral-committee`
- **2018-01-31** Assigned to s/c Finance, Ways & Means Subcommittee `referral-committee`
- **2018-02-28** Placed on s/c cal Finance, Ways & Means Subcommittee for 3/7/2018
- **2018-02-28** Placed on Senate Finance, Ways, and Means Committee calendar for 3/6/2018
- **2018-03-06** Action deferred in Senate Finance, Ways, and Means Committee to 3/13/2018
- **2018-03-07** Placed on s/c cal Finance, Ways & Means Subcommittee for 3/14/2018
- **2018-03-07** Action Def. in s/c Finance, Ways & Means Subcommittee to 3/14/2018
- **2018-03-12** Placed on Senate Finance, Ways, and Means Committee calendar for 3/13/2018
- **2018-03-12** Rule #83(8) Suspended, to be heard in S. FW&M Comm. 3-13-18
- **2018-03-13** Recommended for passage, refer to Senate Calendar Committee
- **2018-03-14** Placed on s/c cal Finance, Ways & Means Subcommittee for 3/21/2018
- **2018-03-14** Action Def. in s/c Finance, Ways & Means Subcommittee to 3/21/2018
- **2018-03-16** Placed on Senate Consent Calendar 2 calendar for 3/19/2018
- **2018-03-19** Sponsor(s) Added.
- **2018-03-19** Passed Senate, Ayes 32, Nays 0 `passage`
- **2018-03-20** Engrossed; ready for transmission to House
- **2018-03-21** Placed on cal. Finance, Ways & Means Committee for 3/27/2018
- **2018-03-21** Rec. for pass by s/c ref. to Finance, Ways & Means Committee `committee-passage-favorable`
- **2018-03-22** Rcvd. from S., held on H. desk.
- **2018-03-27** Rec. for pass; ref to Calendar & Rules Committee `committee-passage-favorable`
- **2018-04-10** H. Placed on Regular Calendar for 4/16/2018
- **2018-04-10** Placed on cal. Calendar & Rules Committee for 4/10/2018
- **2018-04-16** Comp. SB subst.
- **2018-04-16** Passed H., Ayes 98, Nays 0, PNV 0 `passage`
- **2018-04-16** Subst. for comp. HB.
- **2018-04-17** Signed by Senate Speaker
- **2018-04-17** Enrolled and ready for signatures
- **2018-04-18** Signed by H. Speaker
- **2018-04-23** Transmitted to Governor for action.
- **2018-04-27** Signed by Governor. `executive-signature`
- **2018-05-04** Comp. became Pub. Ch. 833
- **2018-05-04** Pub. Ch. 833
- **2018-05-04** Effective date(s) 04/27/2018

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/c76a4d05-e65b-4298-9d4d-96bb859b6c43`. Confidence: reported (aggregated from official Tennessee legislature records).