---
type: "Bill"
title: "Banks and Financial Institutions - As enacted, requires the Tennessee advisory commission on intergovernmental relations (TACIR) to study the feasibility of creating a state gold depository and to report its findings to the speakers of the senate and house of representatives no later than January 1, 2022. - Amends TCA Title 4; Title 8; Title 9; Title 12; Title 45; Title 47; Title 48; Title 56 and Title 67."
description: "Banks and Financial Institutions - As enacted, requires the Tennessee advisory commission on intergovernmental relations (TACIR) to study the feasibility of creating a state gold depository and to report its findings to the speakers of the senate and house of representatives no later than January 1, 2022. - Amends TCA Title 4; Title 8; Title 9; Title 12; Title 45; Title 47; Title 48; Title 56 and Title 67."
jurisdiction: "us/states/tn"
legislature: "Tennessee General Assembly"
session: "112"
identifier: "SB 279"
citation: "Tennessee SB 279 (112)"
classification: ["bill"]
subjects: ["Banks and Financial Institutions"]
status: "enacted"
primary_sponsors: ["Hulsey", "Rose"]
version_count: 1
action_count: 39
vote_count: 9
first_action: "2021-01-21"
last_action: "2021-06-02"
source: "openstates"
source_identifier: "ocd-bill/8d2631fc-ff23-4740-9bd6-3a92548bc79f"
source_url: "http://wapp.capitol.tn.gov/apps/BillInfo/default.aspx?BillNumber=SB0279&GA=112"
source_hash: "3328155f33f5e5d4704782178604f994625597d517fd947a9e1958b96dffcbe7"
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 279 (112) — Banks and Financial Institutions - As enacted, requires the Tennessee advisory commission on intergovernmental relations (TACIR) to study the feasibility of creating a state gold depository and to report its findings to the speakers of the senate and house of representatives no later than January 1, 2022. - Amends TCA Title 4; Title 8; Title 9; Title 12; Title 45; Title 47; Title 48; Title 56 and Title 67.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Current Version** (committee substitute) — [source](https://www.capitol.tn.gov/Bills/112/Bill/SB0279.pdf)

## Votes

- HOUSE FINANCE, WAYS, AND MEANS COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee 5/3/2021 (4) — **0–0** (pass) · lower
- HOUSE CALENDAR & RULES COMMITTEE: H. Placed on Consent Calendar for 5/4/2021 5/3/2021 (3) — **0–0** (fail) · lower
- HOUSE BANKING AND CONSUMER AFFAIRS SUBCOMMITTEE: Rec. for pass by s/c ref. to Commerce Committee 3/31/2021 — **0–0** (pass) · lower
- HOUSE FINANCE, WAYS, AND MEANS SUBCOMMITTEE: Rec. for pass by s/c ref. to Finance, Ways, and Means Committee 5/3/2021 (5) — **0–0** (pass) · lower
- SENATE COMMERCE AND LABOR COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 3/30/2021 Passed (2) — **9–0** (pass) · upper
- FLOOR VOTE: Motion to Adopt 4/5/2021 Passed (1) — **32–0** (pass) · upper
- FLOOR VOTE: PASSAGE ON THIRD CONSIDERATION 5/4/2021 Passed (1) — **90–0** (pass) · lower
- HOUSE COMMERCE COMMITTEE: Rec. for pass; ref to Finance, Ways, and Means Committee 4/6/2021 — **0–0** (pass) · lower
- FLOOR VOTE: CONSENT CALENDAR PASSAGE ON THIRD CONSIDERATION 5/4/2021 Passed (2) — **90–0** (pass) · lower

## Sponsors

- Hulsey — primary (person)
- Rose — primary (person)

## Timeline

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

- **2021-01-21** Filed for introduction `introduction, reading-1`
- **2021-01-21** Filed for introduction `introduction, reading-1`
- **2021-02-08** Introduced, Passed on First Consideration `introduction`
- **2021-02-08** Intro., P1C. `introduction`
- **2021-02-10** Passed on Second Consideration, refer to Senate Commerce and Labor Committee
- **2021-02-10** P2C, caption bill, held on desk - pending amdt.
- **2021-03-23** Assigned to s/c Banking & Consumer Affairs Subcommittee `referral-committee`
- **2021-03-23** Ref. to Commerce Committee -- Finance, Ways, & Means `referral-committee`
- **2021-03-24** Placed on Senate Commerce and Labor Committee calendar for 3/30/2021
- **2021-03-24** Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/31/2021
- **2021-03-30** Recommended for passage, refer to Senate Calendar Committee
- **2021-03-31** Placed on cal. Commerce Committee for 4/6/2021
- **2021-03-31** Rec. for pass by s/c ref. to Commerce Committee `committee-passage-favorable`
- **2021-04-01** Placed on Senate Consent Calendar 2 for 4/5/2021
- **2021-04-05** Engrossed; ready for transmission to House
- **2021-04-05** Passed Senate, Ayes 32, Nays 0 `passage`
- **2021-04-06** Assigned to s/c Finance, Ways, and Means Subcommittee `referral-committee`
- **2021-04-06** Rec. for pass; ref to Finance, Ways, and Means Committee `committee-passage-favorable`
- **2021-04-07** Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2021
- **2021-04-08** Rcvd. from S., held on H. desk.
- **2021-04-14** Action Def. in s/c Finance, Ways, and Means Subcommittee to TACIR Study Calendar
- **2021-04-28** Placed on s/c cal Finance, Ways, and Means Subcommittee for 5/3/2021
- **2021-05-03** Sponsor(s) Added.
- **2021-05-03** H. Placed on Consent Calendar for 5/4/2021
- **2021-05-03** Placed on cal. Calendar & Rules Committee for 5/3/2021
- **2021-05-03** Rec. for pass; ref to Calendar & Rules Committee `committee-passage-favorable`
- **2021-05-03** Placed on cal. Finance, Ways, and Means Committee for 5/3/2021
- **2021-05-03** Rec. for pass by s/c ref. to Finance, Ways, and Means Committee `committee-passage-favorable`
- **2021-05-04** Passed H., Ayes 90, Nays 0, PNV 0 `passage`
- **2021-05-04** Subst. for comp. HB.
- **2021-05-04** Comp. SB subst.
- **2021-05-11** Enrolled and ready for signatures
- **2021-05-13** Signed by H. Speaker
- **2021-05-13** Signed by Senate Speaker
- **2021-05-17** Transmitted to Governor for action.
- **2021-05-27** Signed by Governor. `executive-signature`
- **2021-06-02** Effective date(s) 05/27/2021
- **2021-06-02** Pub. Ch. 585
- **2021-06-02** Comp. became Pub. Ch. 585

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/8d2631fc-ff23-4740-9bd6-3a92548bc79f`. Confidence: reported (aggregated from official Tennessee legislature records).