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---
type: "Bill"
title: "Banks and Financial Institutions - As enacted, specifies that the requirement to notify the department of revenue of the death of the sole or last surviving lessee of a safe deposit box does not apply if the lessee died after December 31, 2015; specifies that a state trust institution is not required to publish public notice in order to establish and maintain a new trust office; authorizes the holder of debt secured by a mortgage, deed of trust, or other lien to assess and collect fees from the borrower of the debt for the anticipated or actual costs of making entry of partial or entire payments upon the record, or for registering a formal release. - Amends TCA Title 45 and Title 66."
description: "Banks and Financial Institutions - As enacted, specifies that the requirement to notify the department of revenue of the death of the sole or last surviving lessee of a safe deposit box does not apply if the lessee died after December 31, 2015; specifies that a state trust institution is not required to publish public notice in order to establish and maintain a new trust office; authorizes the holder of debt secured by a mortgage, deed of trust, or other lien to assess and collect fees from the borrower of the debt for the anticipated or actual costs of making entry of partial or entire payments upon the record, or for registering a formal release. - Amends TCA Title 45 and Title 66."
jurisdiction: "us/states/tn"
legislature: "Tennessee General Assembly"
session: "113"
identifier: "SB 676"
citation: "Tennessee SB 676 (113)"
classification: ["bill"]
subjects: ["Banks and Financial Institutions"]
status: "enacted"
primary_sponsors: ["Reeves"]
version_count: 1
action_count: 17
vote_count: 3
first_action: "2023-01-26"
last_action: "2023-03-23"
source: "openstates"
source_identifier: "ocd-bill/7a05ceb0-5b01-4ef5-a2ee-b6a6a1278249"
source_url: "http://wapp.capitol.tn.gov/apps/BillInfo/default.aspx?BillNumber=SB0676&GA=113"
source_hash: "a6ba0e2787f86eb31f3713cbc31cbedcfd81f3e8e309abccea2a5e959579ba95"
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 676 (113) — Banks and Financial Institutions - As enacted, specifies that the requirement to notify the department of revenue of the death of the sole or last surviving lessee of a safe deposit box does not apply if the lessee died after December 31, 2015; specifies that a state trust institution is not required to publish public notice in order to establish and maintain a new trust office; authorizes the holder of debt secured by a mortgage, deed of trust, or other lien to assess and collect fees from the borrower of the debt for the anticipated or actual costs of making entry of partial or entire payments upon the record, or for registering a formal release. - Amends TCA Title 45 and Title 66.
## 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/113/Bill/SB0676.pdf)
## Votes
- FLOOR VOTE: CONSENT CALENDAR PASSAGE ON THIRD CONSIDERATION 2/23/2023 Passed (1) — **940** (pass) · lower
- SENATE COMMERCE AND LABOR COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 2/14/2023 Passed — **60** (pass) · upper
- FLOOR VOTE: Motion to Adopt 2/23/2023 Passed (1) — **330** (pass) · upper
## Sponsors
- Reeves — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2023-01-26** Filed for introduction `filing`
- **2023-01-30** Introduced, Passed on First Consideration `introduction`
- **2023-02-02** Passed on Second Consideration, refer to Senate Commerce and Labor Committee `passage`
- **2023-02-07** Placed on Senate Commerce and Labor Committee calendar for 2/14/2023
- **2023-02-14** Recommended for passage, refer to Senate Calendar Committee
- **2023-02-21** Placed on Senate Consent Calendar 2 for 2/23/2023
- **2023-02-23** Passed H., Ayes 94, Nays 0, PNV 2 `passage`
- **2023-02-23** Subst. for comp. HB. `substitution`
- **2023-02-23** Engrossed; ready for transmission to House `receipt`
- **2023-02-23** Passed Senate, Ayes 30, Nays 0 `passage`
- **2023-02-24** Enrolled and ready for signatures `enrolled`
- **2023-02-27** Signed by Senate Speaker `passage`
- **2023-02-28** Signed by H. Speaker `passage`
- **2023-03-02** Transmitted to Governor for action. `executive-receipt`
- **2023-03-10** Signed by Governor. `executive-signature`
- **2023-03-23** Effective date(s) 03/10/2023
- **2023-03-23** Pub. Ch. 28
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/7a05ceb0-5b01-4ef5-a2ee-b6a6a1278249`. Confidence: reported (aggregated from official Tennessee legislature records).