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type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
type title description jurisdiction legislature session identifier citation classification subjects status primary_sponsors version_count action_count vote_count first_action last_action source source_identifier source_url source_hash vintage source_snapshot retrieved_at confidence tags
Bill Securities - As enacted, exempts from certain requirements under the Tennessee Securities Act of 1980 securities that meet requirements for federal exemption for intrastate offerings under Rule 147A, which allows offers to be accessible to certain out-of-state residents and companies incorporated or organized out of state. - Amends TCA Title 48. Securities - As enacted, exempts from certain requirements under the Tennessee Securities Act of 1980 securities that meet requirements for federal exemption for intrastate offerings under Rule 147A, which allows offers to be accessible to certain out-of-state residents and companies incorporated or organized out of state. - Amends TCA Title 48. us/states/tn Tennessee General Assembly 111 SB 1990 Tennessee SB 1990 (111)
bill
Securities
enacted
Garrett
Stevens
1 30 6 2020-01-27 2020-03-26 openstates ocd-bill/72dd9a23-972d-4559-8637-735ef4cb8e91 http://wapp.capitol.tn.gov/apps/BillInfo/default.aspx?BillNumber=SB1990&GA=111 4956310cc9a753afb650d0ae0c043814b7be5354382c43fe72857831c8f6e00b 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-tn

Tennessee SB 1990 (111) — Securities - As enacted, exempts from certain requirements under the Tennessee Securities Act of 1980 securities that meet requirements for federal exemption for intrastate offerings under Rule 147A, which allows offers to be accessible to certain out-of-state residents and companies incorporated or organized out of state. - Amends TCA Title 48.

Version chain

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

  1. Current Version (committee substitute) — source

Votes

  • HOUSE COMMERCE COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee 3/3/2020 — 00 (pass) · lower
  • FLOOR VOTE: Motion to Adopt 3/9/2020 Passed (1) — 310 (pass) · upper
  • HOUSE CALENDAR & RULES COMMITTEE: H. Placed on Regular Calendar for 3/12/2020 3/5/2020 (2) — 00 (fail) · lower
  • HOUSE BANKING & INVESTMENTS SUBCOMMITTEE: Rec. for pass by s/c ref. to Commerce Committee 2/25/2020 — 00 (pass) · lower
  • FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION 3/12/2020 Passed (1) — 960 (pass) · lower
  • SENATE COMMERCE AND LABOR COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 3/3/2020 Passed — 70 (pass) · upper

Sponsors

  • Garrett — primary (person)
  • Stevens — primary (person)

Timeline

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

  • 2020-01-27 Filed for introduction reading-1, introduction
  • 2020-01-29 Filed for introduction reading-1, introduction
  • 2020-01-29 Intro., P1C. introduction
  • 2020-01-30 Introduced, Passed on First Consideration introduction
  • 2020-01-30 P2C, ref. to Commerce Committee referral-committee
  • 2020-01-31 Assigned to s/c Banking & Investments Subcommittee referral-committee
  • 2020-02-03 Passed on Second Consideration, refer to Senate Commerce and Labor Committee
  • 2020-02-19 Placed on s/c cal Banking & Investments Subcommittee for 2/25/2020
  • 2020-02-25 Rec. for pass by s/c ref. to Commerce Committee committee-passage-favorable
  • 2020-02-26 Placed on Senate Commerce and Labor Committee calendar for 3/3/2020
  • 2020-02-26 Placed on cal. Commerce Committee for 3/3/2020
  • 2020-03-03 Recommended for passage, refer to Senate Calendar Committee
  • 2020-03-03 Rec. for pass; ref to Calendar & Rules Committee committee-passage-favorable
  • 2020-03-04 Placed on cal. Calendar & Rules Committee for 3/5/2020
  • 2020-03-05 Placed on Senate Consent Calendar 2 for 3/9/2020
  • 2020-03-05 H. Placed on Regular Calendar for 3/12/2020
  • 2020-03-09 Passed Senate, Ayes 31, Nays 0 passage
  • 2020-03-10 Engrossed; ready for transmission to House
  • 2020-03-12 Rcvd. from S., held on H. desk.
  • 2020-03-12 Passed H., Ayes 96, Nays 0, PNV 0 passage
  • 2020-03-12 Subst. for comp. HB.
  • 2020-03-12 Comp. SB subst.
  • 2020-03-13 Enrolled and ready for signatures
  • 2020-03-16 Signed by H. Speaker
  • 2020-03-16 Signed by Senate Speaker
  • 2020-03-17 Transmitted to Governor for action.
  • 2020-03-20 Signed by Governor. executive-signature
  • 2020-03-26 Pub. Ch. 604
  • 2020-03-26 Effective date(s) 03/20/2020
  • 2020-03-26 Comp. became Pub. Ch. 604

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/72dd9a23-972d-4559-8637-735ef4cb8e91. Confidence: reported (aggregated from official Tennessee legislature records).