---
type: "Bill"
title: "Forfeiture of Assets - As enacted, removes the requirement for a claimant to post a bond when filing a claim to seized property. - Amends TCA Title 40, Chapter 33."
description: "Forfeiture of Assets - As enacted, removes the requirement for a claimant to post a bond when filing a claim to seized property. - Amends TCA Title 40, Chapter 33."
jurisdiction: "us/states/tn"
legislature: "Tennessee General Assembly"
session: "114"
identifier: "SB 481"
citation: "Tennessee SB 481 (114)"
classification: ["bill"]
subjects: ["Forfeiture of Assets"]
status: "enacted"
primary_sponsors: ["Lowe"]
version_count: 1
action_count: 23
vote_count: 4
first_action: "2025-01-29"
last_action: "2025-05-13"
source: "openstates"
source_identifier: "ocd-bill/43de65f0-58b7-4e16-94e0-234cbaea6c03"
source_url: "https://wapp.capitol.tn.gov/apps/BillInfo/Default?BillNumber=SB0481&ga=114"
source_hash: "52cc26092b1a940ebb80fee7cbf7a15f36adb346e86a00f802506e6d57965409"
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 481 (114) — Forfeiture of Assets - As enacted, removes the requirement for a claimant to post a bond when filing a claim to seized property. - Amends TCA Title 40, Chapter 33.

## 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/SB0481.pdf)

## Votes

- FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION 4/15/2025 Passed (1) — **95–0** (pass) · lower
- FLOOR VOTE: Motion to Adopt 4/14/2025 Passed (1) — **32–0** (pass) · upper
- SENATE FINANCE, WAYS AND MEANS COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 4/8/2025 Passed (2) — **11–0** (pass) · upper
- SENATE JUDICIARY COMMITTEE: Recommended for passage, refer to Senate Finance, Ways, and Means Committee 3/18/2025 Passed — **9–0** (pass) · upper

## Sponsors

- Lowe — primary (person)

## Timeline

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

- **2025-01-29** Filed for introduction `filing`
- **2025-02-10** Introduced, Passed on First Consideration `introduction`
- **2025-02-12** Passed on Second Consideration, refer to Senate Judiciary Committee `referral-committee`
- **2025-03-12** Placed on Senate Judiciary Committee calendar for 3/18/2025
- **2025-03-14** Sponsor change. `sponsorship`
- **2025-03-17** Placed on Senate Judiciary Committee calendar for 3/18/2025
- **2025-03-18** Recommended for passage, refer to Senate Finance, Ways, and Means Committee
- **2025-04-01** Placed on Senate Finance, Ways, and Means Committee calendar for 4/8/2025
- **2025-04-01** Sponsor(s) Added. `sponsorship`
- **2025-04-08** Recommended for passage, refer to Senate Calendar Committee
- **2025-04-11** Placed on Senate Consent Calendar 2 for 4/14/2025
- **2025-04-14** Sponsor(s) Added. `sponsorship`
- **2025-04-14** Engrossed; ready for transmission to House `receipt`
- **2025-04-14** Passed Senate, Ayes 32, Nays 0 `passage`
- **2025-04-15** Passed H., Ayes 95, Nays 0, PNV 0 `passage`
- **2025-04-15** Subst. for comp. HB. `substitution`
- **2025-04-17** Enrolled and ready for signatures `enrolled`
- **2025-04-21** Signed by H. Speaker `passage`
- **2025-04-21** Signed by Senate Speaker `passage`
- **2025-04-22** Transmitted to Governor for action. `executive-receipt`
- **2025-05-02** Signed by Governor. `executive-signature`
- **2025-05-13** Effective date(s) 07/01/2025
- **2025-05-13** Pub. Ch. 319

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/43de65f0-58b7-4e16-94e0-234cbaea6c03`. Confidence: reported (aggregated from official Tennessee legislature records).