---
type: "Bill"
title: "Banks and Financial Institutions - As enacted, clarifies that if a financial institution reasonably believes a customer is deceased, then the financial institution does not have a duty to confirm service of a subpoena on the customer, the customer's estate, or the customer's heirs; makes other changes related to financial records. - Amends TCA Title 45, Chapter 10."
description: "Banks and Financial Institutions - As enacted, clarifies that if a financial institution reasonably believes a customer is deceased, then the financial institution does not have a duty to confirm service of a subpoena on the customer, the customer's estate, or the customer's heirs; makes other changes related to financial records. - Amends TCA Title 45, Chapter 10."
jurisdiction: "us/states/tn"
legislature: "Tennessee General Assembly"
session: "114"
identifier: "SB 1618"
citation: "Tennessee SB 1618 (114)"
classification: ["bill"]
subjects: ["Banks and Financial Institutions"]
status: "enacted"
primary_sponsors: ["Powers"]
version_count: 1
action_count: 17
vote_count: 2
first_action: "2026-01-13"
last_action: "2026-03-16"
source: "openstates"
source_identifier: "ocd-bill/85cecf77-e419-4fbc-b706-ef5089d4ab9e"
source_url: "https://wapp.capitol.tn.gov/apps/BillInfo/Default?BillNumber=SB1618&ga=114"
source_hash: "4daf8ef5a6bf503d63b84f68c375d0c38513d24e0ca0d0a18b1fb20ffb67d0a6"
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 1618 (114) — Banks and Financial Institutions - As enacted, clarifies that if a financial institution reasonably believes a customer is deceased, then the financial institution does not have a duty to confirm service of a subpoena on the customer, the customer's estate, or the customer's heirs; makes other changes related to financial records. - Amends TCA Title 45, Chapter 10.

## 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/SB1618.pdf)

## Votes

- FLOOR VOTE: Motion to Adopt 2/19/2026 Passed (1) — **31–0** (pass) · upper
- SENATE COMMERCE AND LABOR COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 2/10/2026 Passed — **7–0** (pass) · upper

## Sponsors

- Powers — primary (person)

## Timeline

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

- **2026-01-13** Filed for introduction `filing`
- **2026-01-14** Introduced, Passed on First Consideration `introduction`
- **2026-01-15** Passed on Second Consideration, refer to Senate Commerce and Labor Committee `referral-committee`
- **2026-02-03** Placed on Senate Commerce and Labor Committee calendar for 2/10/2026
- **2026-02-10** Recommended for passage, refer to Senate Calendar Committee
- **2026-02-17** Placed on Senate Consent Calendar 2 for 2/19/2026
- **2026-02-19** Enrolled and ready for signatures `enrolled`
- **2026-02-19** Passed H., Ayes 94, Nays 0, PNV 0 `passage`
- **2026-02-19** Subst. for comp. HB. `substitution`
- **2026-02-19** Engrossed; ready for transmission to House `receipt`
- **2026-02-19** Passed Senate, Ayes 31, Nays 0 `passage`
- **2026-02-23** Signed by Senate Speaker `passage`
- **2026-02-24** Signed by H. Speaker `passage`
- **2026-02-25** Transmitted to Governor for action. `executive-receipt`
- **2026-03-06** Signed by Governor. `executive-signature`
- **2026-03-16** Effective date(s) 07/01/2026
- **2026-03-16** Pub. Ch. 580

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/85cecf77-e419-4fbc-b706-ef5089d4ab9e`. Confidence: reported (aggregated from official Tennessee legislature records).