--- type: "Bill" title: "Pensions and Retirement Benefits - As enacted, enacts the \"Tennessee Trump Account Program Act.\" - Amends TCA Title 4; Title 8; Title 9 and Title 50." description: "Pensions and Retirement Benefits - As enacted, enacts the \"Tennessee Trump Account Program Act.\" - Amends TCA Title 4; Title 8; Title 9 and Title 50." jurisdiction: "us/states/tn" legislature: "Tennessee General Assembly" session: "114" identifier: "HB 1447" citation: "Tennessee HB 1447 (114)" classification: ["bill"] subjects: ["Pensions and Retirement Benefits"] status: "enacted" primary_sponsors: ["Baum"] version_count: 3 action_count: 32 vote_count: 6 first_action: "2025-10-06" last_action: "2026-05-15" source: "openstates" source_identifier: "ocd-bill/fb480e4e-74c0-4ad1-ac58-92eea7fbb164" source_url: "https://wapp.capitol.tn.gov/apps/BillInfo/Default?BillNumber=HB1447&ga=114" source_hash: "b26ca5c193981f76f0261bad66ce927ac3be9518cfd1b60246801a9e6e545d7e" 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 1447 (114) — Pensions and Retirement Benefits - As enacted, enacts the "Tennessee Trump Account Program Act." - Amends TCA Title 4; Title 8; Title 9 and Title 50. ## Version chain The bill's text revisions, in order — the diff chain from filing to enrollment. 1. **Amendment HA0855** (committee substitute) — [source](https://capitol.tn.gov/Bills/114/Amend/HA0855.pdf) 2. **Amendment SA0897** (committee substitute) — [source](https://capitol.tn.gov/Bills/114/Amend/SA0897.pdf) 3. **Current Version** (committee substitute) — [source](https://capitol.tn.gov/Bills/114/Bill/HB1447.pdf) ## Votes - FLOOR VOTE: Third Consideration 4/13/2026 Passed — **29–0** (pass) · upper - FLOOR VOTE: REGULAR CALENDAR AS AMENDED PASSAGE ON THIRD CONSIDERATION 4/6/2026 Passed (1) — **84–7** (pass) · lower - HOUSE BANKING AND CONSUMER AFFAIRS SUBCOMMITTEE: Rec for pass if am by s/c ref. to Commerce Committee 3/18/2026 Passed — **6–0** (pass) · lower - HOUSE CALENDAR & RULES COMMITTEE: H. Placed on Regular Calendar for 4/6/2026 4/2/2026 (2) — **0–0** (fail) · lower - HOUSE COMMERCE COMMITTEE: Rec. for pass. if am., ref. to Government Operations Committee 3/25/2026 Passed — **15–2** (pass) · lower - HOUSE GOVERNMENT OPERATIONS COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee 3/30/2026 Passed — **8–1** (pass) · lower ## Sponsors - Baum — primary (person) ## Timeline The legislative action history — every referral, reading, and vote. - **2025-10-06** Filed for introduction `filing` - **2026-01-13** Intro., P1C. `introduction` - **2026-01-14** Assigned to s/c Banking & Consumer Affairs Subcommittee `referral-committee` - **2026-01-14** P2C, ref. to Commerce Committee - Government Operations for Review `referral-committee` - **2026-02-11** Placed on s/c cal Banking & Consumer Affairs Subcommittee for 2/18/2026 - **2026-02-18** Taken off notice for cal in s/c Banking and Consumer Affairs Subcommittee of Commerce Committee - **2026-03-04** Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/11/2026 - **2026-03-11** Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/18/2026 - **2026-03-11** Action Def. in s/c Banking & Consumer Affairs Subcommittee to 3/18/2026 - **2026-03-18** Placed on cal. Commerce Committee for 3/25/2026 - **2026-03-18** Rec for pass if am by s/c ref. to Commerce Committee `referral-committee` - **2026-03-18** Sponsor(s) Added. `sponsorship` - **2026-03-25** Placed on cal. Government Operations Committee for 3/30/2026 - **2026-03-25** Rec. for pass. if am., ref. to Government Operations Committee `committee-passage-favorable` - **2026-03-30** Rec. for pass; ref to Calendar & Rules Committee `committee-passage-favorable` - **2026-04-01** Placed on cal. Calendar & Rules Committee for 4/2/2026 - **2026-04-02** H. Placed on Regular Calendar for 4/6/2026 - **2026-04-06** Engrossed; ready for transmission to Sen. `receipt` - **2026-04-06** Sponsor(s) Added. `sponsorship` - **2026-04-06** Passed H., as am., Ayes 84, Nays 7, PNV 3 `passage` - **2026-04-06** H. adopted am. (Amendment 1 - HA0855) `amendment-passage` - **2026-04-09** Received from House, Passed on First Consideration `introduction` - **2026-04-13** Passed Senate, Ayes 29, Nays 0 `passage` - **2026-04-13** Amendment withdrawn. (Amendment 1 - SA0897) - **2026-04-13** Senate substituted House Bill for companion Senate Bill. `substitution` - **2026-04-14** Enrolled; ready for sig. of H. Speaker. `enrolled` - **2026-04-16** Signed by H. Speaker `passage` - **2026-04-20** Signed by Senate Speaker `passage` - **2026-04-21** Transmitted to Governor for his action. `executive-receipt` - **2026-05-01** Signed by Governor. `executive-signature` - **2026-05-15** Effective date(s) 05/01/2026 - **2026-05-15** Pub. Ch. 910 ## Source OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/fb480e4e-74c0-4ad1-ac58-92eea7fbb164`. Confidence: reported (aggregated from official Tennessee legislature records).