--- type: "Bill" title: "Pensions and Retirement Benefits - As enacted, requires the TCRS board of trustees to divest the retirement system from investment activity it has in a company known to be majority-owned by China; requires a local governing body to divest its political subdivision pension plan from investment activity it has in a company known to be majority-owned by China. - Amends TCA Title 9, Chapter 4, Part 15." description: "Pensions and Retirement Benefits - As enacted, requires the TCRS board of trustees to divest the retirement system from investment activity it has in a company known to be majority-owned by China; requires a local governing body to divest its political subdivision pension plan from investment activity it has in a company known to be majority-owned by China. - Amends TCA Title 9, Chapter 4, Part 15." jurisdiction: "us/states/tn" legislature: "Tennessee General Assembly" session: "114" identifier: "HB 805" citation: "Tennessee HB 805 (114)" classification: ["bill"] subjects: ["Pensions and Retirement Benefits"] status: "enacted" primary_sponsors: ["Grills"] version_count: 1 action_count: 29 vote_count: 5 first_action: "2025-02-04" last_action: "2025-04-28" source: "openstates" source_identifier: "ocd-bill/2261e2f7-83bb-42c2-9e7c-774b3c64a905" source_url: "https://wapp.capitol.tn.gov/apps/BillInfo/Default?BillNumber=HB0805&ga=114" source_hash: "c0bf951f87fe9c3425b7dceaa9a8c2274d2e7f8d2a9545a4e90648428ff203ad" 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 805 (114) — Pensions and Retirement Benefits - As enacted, requires the TCRS board of trustees to divest the retirement system from investment activity it has in a company known to be majority-owned by China; requires a local governing body to divest its political subdivision pension plan from investment activity it has in a company known to be majority-owned by China. - Amends TCA Title 9, Chapter 4, Part 15. ## 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/HB0805.pdf) ## Votes - HOUSE PUBLIC SERVICE SUBCOMMITTEE: Rec. for pass by s/c ref. to State & Local Government Committee 2/26/2025 Passed (3) — **4–1** (pass) · lower - FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION 3/24/2025 Passed (1) — **86–6** (pass) · lower - HOUSE STATE & LOCAL GOVERNMENT COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee 3/5/2025 Passed — **17–1** (pass) · lower - FLOOR VOTE: Third Consideration 4/9/2025 Passed (1) — **25–1** (pass) · upper - HOUSE CALENDAR & RULES COMMITTEE: H. Placed on Regular Calendar for 3/24/2025 3/20/2025 (2) — **0–0** (fail) · lower ## Sponsors - Grills — primary (person) ## Timeline The legislative action history — every referral, reading, and vote. - **2025-02-04** Filed for introduction `filing` - **2025-02-05** Intro., P1C. `introduction` - **2025-02-06** P2C, ref. to State & Local Government Committee `referral-committee` - **2025-02-10** Assigned to s/c Public Service Subcommittee `referral-committee` - **2025-02-12** Placed on s/c cal Public Service Subcommittee for 2/19/2025 - **2025-02-14** Sponsor(s) Added. `sponsorship` - **2025-02-19** Meeting Canceled - **2025-02-20** Placed on s/c cal Public Service Subcommittee for 2/26/2025 - **2025-02-25** Sponsor(s) Added. `sponsorship` - **2025-02-26** Placed on cal. State & Local Government Committee for 3/5/2025 - **2025-02-26** Rec. for pass by s/c ref. to State & Local Government Committee `committee-passage-favorable` - **2025-03-04** Sponsor(s) Added. `sponsorship` - **2025-03-05** Rec. for pass; ref to Calendar & Rules Committee `committee-passage-favorable` - **2025-03-05** Sponsor(s) Added. `sponsorship` - **2025-03-19** Placed on cal. Calendar & Rules Committee for 3/20/2025 - **2025-03-20** H. Placed on Regular Calendar for 3/24/2025 - **2025-03-24** Passed H., Ayes 86, Nays 6, PNV 1 `passage` - **2025-03-24** Sponsor(s) Added. `sponsorship` - **2025-03-25** Engrossed; ready for transmission to Sen. `receipt` - **2025-03-26** Received from House, Passed on First Consideration `introduction` - **2025-04-09** Enrolled; ready for sig. of H. Speaker. `enrolled` - **2025-04-09** Passed Senate, Ayes 25, Nays 1, PNV 1 `passage` - **2025-04-09** Senate substituted House Bill for companion Senate Bill. `substitution` - **2025-04-14** Signed by H. Speaker `passage` - **2025-04-15** Signed by Senate Speaker `passage` - **2025-04-16** Transmitted to Governor for his action. `executive-receipt` - **2025-04-24** Signed by Governor. `executive-signature` - **2025-04-28** Effective date(s) 04/24/2025 - **2025-04-28** Pub. Ch. 289 ## Source OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/2261e2f7-83bb-42c2-9e7c-774b3c64a905`. Confidence: reported (aggregated from official Tennessee legislature records).