---
type: "Bill"
title: "Public Funds and Financing - As enacted, adds cash as a form of eligible collateral for purposes of the collateral required to be pledged to secure public deposits; decreases the collateral pledge level for public deposits held by collateral pool banks. - Amends TCA Title 9, Chapter 4."
description: "Public Funds and Financing - As enacted, adds cash as a form of eligible collateral for purposes of the collateral required to be pledged to secure public deposits; decreases the collateral pledge level for public deposits held by collateral pool banks. - Amends TCA Title 9, Chapter 4."
jurisdiction: "us/states/tn"
legislature: "Tennessee General Assembly"
session: "112S3"
identifier: "SB 9010"
citation: "Tennessee SB 9010 (112S3)"
classification: ["bill"]
subjects: ["Public Funds and Financing"]
status: "enacted"
primary_sponsors: ["McNally", "Sexton C"]
version_count: 1
action_count: 27
vote_count: 4
first_action: "2021-10-26"
last_action: "2021-11-18"
source: "openstates"
source_identifier: "ocd-bill/21cda671-24d3-4d38-8574-87174945cf90"
source_url: "http://wapp.capitol.tn.gov/apps/BillInfo/default.aspx?BillNumber=SB9010&GA=112"
source_hash: "380a91f5de6263034288b2e47131ef430437a4be4d4f56d8ad84531df94c6ff4"
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 9010 (112S3) — Public Funds and Financing - As enacted, adds cash as a form of eligible collateral for purposes of the collateral required to be pledged to secure public deposits; decreases the collateral pledge level for public deposits held by collateral pool banks. - Amends TCA Title 9, Chapter 4.

## 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/112/Bill/SB9010.pdf)

## Votes

- FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION 10/29/2021 Passed (1) — **93–0** (pass) · lower
- FLOOR VOTE: Third Consideration 10/29/2021 Passed (1) — **27–2** (pass) · upper
- SENATE COMMERCE AND LABOR COMMITTEE: Recommended for passage, refer to Senate Finance, Ways, and Means Committee 10/28/2021 Passed (2) — **8–0** (pass) · upper
- BANKING COMMITTEE OF EXTRAORDINARY SESSION III: Rec. for pass; ref to Calendar & Rules Committee of Extraordinary Session III 10/28/2021 (2) — **0–0** (pass) · lower

## Sponsors

- McNally — primary (person)
- Sexton C — primary (person)

## Timeline

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

- **2021-10-26** Filed for introduction `introduction, reading-1`
- **2021-10-27** Introduced, Passed on First Consideration `introduction`
- **2021-10-27** Filed for introduction `introduction, reading-1`
- **2021-10-27** Intro., P1C. `introduction`
- **2021-10-28** Recommended for passage, refer to Senate Calendar Committee
- **2021-10-28** Placed on Senate Commerce and Labor Committee calendar for 10/28/2021
- **2021-10-28** Passed on Second Consideration, refer to Senate Commerce & Labor Committee
- **2021-10-28** H. Placed on Regular Calendar
- **2021-10-28** Placed on cal. Calendar & Rules Committee of Extraordinary Session III for 10/28/2021
- **2021-10-28** Rec. for pass; ref to Calendar & Rules Committee of Extraordinary Session III `committee-passage-favorable`
- **2021-10-28** Placed on cal. Banking Committee of Extraordinary Session III for 10/28/2021
- **2021-10-28** P2C, ref. to Banking Committee of Extraordinary Session III `referral-committee`
- **2021-10-29** Companion House Bill substituted
- **2021-10-29** Placed on Senate Regular Calendar for 10/29/2021
- **2021-10-29** Passed Senate, Ayes 28, Nays 1 `passage`
- **2021-10-29** Senate substituted House Bill for companion Senate Bill.
- **2021-10-29** Received from House, Passed on First Consideration `introduction`
- **2021-10-29** Engrossed; ready for transmission to Sen.
- **2021-10-29** Passed H., Ayes 93, Nays 0, PNV 0 `passage`
- **2021-11-01** Transmitted to Governor for his action. `executive-receipt`
- **2021-11-01** Signed by Senate Speaker
- **2021-11-01** Signed by H. Speaker
- **2021-11-01** Enrolled; ready for sig. of H. Speaker.
- **2021-11-12** Signed by Governor. `executive-signature`
- **2021-11-18** Comp. became Pub. Ch. 2
- **2021-11-18** Pub. Ch. 2
- **2021-11-18** Effective date(s) 11/12/2021

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/21cda671-24d3-4d38-8574-87174945cf90`. Confidence: reported (aggregated from official Tennessee legislature records).