---
type: "Bill"
title: "Financial Institutions, Dept. of - As enacted, authorizes the commissioner to determine the type, amounts, and other characteristics of deposit insurance required to be maintained by each state bank; describes criteria the commissioner must consider in making the determinations. - Amends TCA Title 45, Chapter 2."
description: "Financial Institutions, Dept. of - As enacted, authorizes the commissioner to determine the type, amounts, and other characteristics of deposit insurance required to be maintained by each state bank; describes criteria the commissioner must consider in making the determinations. - Amends TCA Title 45, Chapter 2."
jurisdiction: "us/states/tn"
legislature: "Tennessee General Assembly"
session: "114"
identifier: "SB 1279"
citation: "Tennessee SB 1279 (114)"
classification: ["bill"]
subjects: ["Dept. of", "Financial Institutions"]
status: "enacted"
primary_sponsors: ["Johnson"]
version_count: 1
action_count: 19
vote_count: 2
first_action: "2025-02-06"
last_action: "2025-04-08"
source: "openstates"
source_identifier: "ocd-bill/7e9159ed-76a8-41a8-948c-0edf6903ed67"
source_url: "https://wapp.capitol.tn.gov/apps/BillInfo/Default?BillNumber=SB1279&ga=114"
source_hash: "7b829a86b6569ab2216df3dadd891b875935e996ce8f08c9844a30d97ea1391c"
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 1279 (114) — Financial Institutions, Dept. of - As enacted, authorizes the commissioner to determine the type, amounts, and other characteristics of deposit insurance required to be maintained by each state bank; describes criteria the commissioner must consider in making the determinations. - Amends TCA Title 45, Chapter 2.

## 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/SB1279.pdf)

## Votes

- FLOOR VOTE: Motion to Adopt 3/10/2025 Passed (1) — **30–0** (pass) · upper
- SENATE COMMERCE AND LABOR COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 3/4/2025 Passed (2) — **7–0** (pass) · upper

## Sponsors

- Johnson — primary (person)

## Timeline

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

- **2025-02-06** Filed for introduction `filing`
- **2025-02-10** Introduced, Passed on First Consideration `introduction`
- **2025-02-12** Passed on Second Consideration, refer to Senate Commerce and Labor Committee `referral-committee`
- **2025-02-25** Placed on Senate Commerce and Labor Committee calendar for 3/4/2025
- **2025-02-25** Placed on Senate Commerce and Labor Committee calendar for 3/4/2025
- **2025-03-04** Recommended for passage, refer to Senate Calendar Committee
- **2025-03-07** Placed on Senate Consent Calendar 2 for 3/10/2025
- **2025-03-10** Engrossed; ready for transmission to House `receipt`
- **2025-03-10** Passed Senate, Ayes 30, Nays 0 `passage`
- **2025-03-13** Rcvd. from S., held on H. desk.
- **2025-03-24** Passed H., Ayes 96, Nays 0, PNV 0 `passage`
- **2025-03-24** Subst. for comp. HB. `substitution`
- **2025-03-25** Signed by Senate Speaker `passage`
- **2025-03-25** Enrolled and ready for signatures `enrolled`
- **2025-03-26** Transmitted to Governor for action. `executive-receipt`
- **2025-03-26** Signed by H. Speaker `passage`
- **2025-04-03** Signed by Governor. `executive-signature`
- **2025-04-08** Effective date(s) 07/01/2026
- **2025-04-08** Pub. Ch. 126

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/7e9159ed-76a8-41a8-948c-0edf6903ed67`. Confidence: reported (aggregated from official Tennessee legislature records).