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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 Banks and Financial Institutions - As enacted, clarifies that the service of transmitting money from a location originating in this state to a location outside of the United States or its territories is a taxable service and that such a tax is generally levied on the amount of money transmitted; requires revenues generated from such a tax to be allocated to certain funds and purposes. - Amends TCA Title 4; Title 38; Title 39; Title 45; Title 47; Title 49 and Title 67. Banks and Financial Institutions - As enacted, clarifies that the service of transmitting money from a location originating in this state to a location outside of the United States or its territories is a taxable service and that such a tax is generally levied on the amount of money transmitted; requires revenues generated from such a tax to be allocated to certain funds and purposes. - Amends TCA Title 4; Title 38; Title 39; Title 45; Title 47; Title 49 and Title 67. us/states/tn Tennessee General Assembly 114 HB 2502 Tennessee HB 2502 (114)
bill
Banks and Financial Institutions
enacted
Sexton
4 36 9 2026-02-03 2026-05-27 openstates ocd-bill/c74a8568-4795-405e-86c6-e4f304de68f1 https://wapp.capitol.tn.gov/apps/BillInfo/Default?BillNumber=HB2502&ga=114 c6d1f9870e92e237d4a6579c746158127bfc087d5053e5baf2d3d4607d25f3f1 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-tn

Tennessee HB 2502 (114) — Banks and Financial Institutions - As enacted, clarifies that the service of transmitting money from a location originating in this state to a location outside of the United States or its territories is a taxable service and that such a tax is generally levied on the amount of money transmitted; requires revenues generated from such a tax to be allocated to certain funds and purposes. - Amends TCA Title 4; Title 38; Title 39; Title 45; Title 47; Title 49 and Title 67.

Version chain

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

  1. Amendment HA0729 (committee substitute) — source
  2. Amendment SA1013 (committee substitute) — source
  3. Amendment SA1038 (committee substitute) — source
  4. Current Version (committee substitute) — source

Votes

  • FLOOR VOTE: MESSAGE CALENDAR CONCUR IN SENATE AMENDMENT # 2 4/22/2026 Passed (1) — 7019 (pass) · lower
  • FLOOR VOTE: as Amended Third Consideration 4/16/2026 Passed (1) — 217 (pass) · upper
  • HOUSE CALENDAR & RULES COMMITTEE: H. Placed on Regular Calendar for 4/9/2026 4/2/2026 (3) — 00 (fail) · lower
  • FLOOR VOTE: REGULAR CALENDAR AS AMENDED PASSAGE ON THIRD CONSIDERATION 4/9/2026 Passed (2) — 6821 (pass) · lower
  • HOUSE COMMERCE COMMITTEE: Rec. for pass. if am., ref. to Finance, Ways, and Means Committee 3/18/2026 Passed (6) — 174 (pass) · lower
  • HOUSE FINANCE, WAYS, AND MEANS COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee 3/31/2026 Passed (4) — 220 (pass) · lower
  • HOUSE BANKING AND CONSUMER AFFAIRS SUBCOMMITTEE: Rec for pass if am by s/c ref. to Commerce Committee 3/11/2026 Passed (7) — 61 (pass) · lower
  • FLOOR VOTE: REGULAR CALENDAR PREVIOUS QUESTION AS AMENDED PASSAGE ON THIRD CONSIDERATION 4/9/2026 Passed — 6524 (pass) · lower
  • HOUSE FINANCE, WAYS, AND MEANS SUBCOMMITTEE: Rec. for pass by s/c ref. to Finance, Ways, and Means Committee 3/25/2026 Passed (5) — 120 (pass) · lower

Sponsors

  • Sexton — primary (person)

Timeline

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

  • 2026-02-03 Filed for introduction filing
  • 2026-02-04 Intro., P1C. introduction
  • 2026-02-05 Assigned to s/c Banking & Consumer Affairs Subcommittee referral-committee
  • 2026-02-05 P2C, ref. to Commerce Committee - Finance, Ways & Means Committee referral-committee
  • 2026-02-25 Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/4/2026
  • 2026-03-04 Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/11/2026
  • 2026-03-04 Action Def. in s/c Banking and Consumer Affairs Subcommittee to 3/11/2026
  • 2026-03-09 Sponsor(s) Added. sponsorship
  • 2026-03-11 Placed on cal. Commerce Committee for 3/18/2026
  • 2026-03-11 Rec for pass if am by s/c ref. to Commerce Committee referral-committee
  • 2026-03-18 Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/25/2026
  • 2026-03-18 Assigned to s/c Finance, Ways, and Means Subcommittee referral-committee
  • 2026-03-18 Rec. for pass. if am., ref. to Finance, Ways, and Means Committee committee-passage-favorable
  • 2026-03-25 Placed on cal. Finance, Ways, and Means Committee for 3/31/2026
  • 2026-03-25 Rec. for pass by s/c ref. to Finance, Ways, and Means Committee committee-passage-favorable
  • 2026-03-31 Rec. for pass; ref to Calendar & Rules Committee committee-passage-favorable
  • 2026-04-01 Placed on cal. Calendar & Rules Committee for 4/2/2026
  • 2026-04-02 H. Placed on Regular Calendar for 4/9/2026
  • 2026-04-09 Engrossed; ready for transmission to Sen. receipt
  • 2026-04-09 Sponsor(s) Added. sponsorship
  • 2026-04-09 Passed H., as am., Ayes 68, Nays 21, PNV 3 passage
  • 2026-04-09 H. adopted am. (Amendment 1 - HA0729) amendment-passage
  • 2026-04-13 Received from House, Passed on First Consideration introduction
  • 2026-04-16 Passed Senate as amended, Ayes 21, Nays 7 passage
  • 2026-04-16 Senate adopted Amendment (Amendment 2 - SA1038)
  • 2026-04-16 Amendment withdrawn. (Amendment 1 - SA1013)
  • 2026-04-16 Senate substituted House Bill for companion Senate Bill. substitution
  • 2026-04-20 H. Placed on Message Calendar for 4/21/2026
  • 2026-04-22 H. concurred in S. am. no. 2 Ayes 70, Nays 19 PNV 2 HB2502
  • 2026-04-28 Enrolled; ready for sig. of H. Speaker. enrolled
  • 2026-04-30 Signed by H. Speaker passage
  • 2026-05-05 Signed by Senate Speaker passage
  • 2026-05-11 Transmitted to Governor for his action. executive-receipt
  • 2026-05-21 Signed by Governor. executive-signature
  • 2026-05-27 Effective date(s) 05/21/2026, 01/01/2027
  • 2026-05-27 Pub. Ch. 1035

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/c74a8568-4795-405e-86c6-e4f304de68f1. Confidence: reported (aggregated from official Tennessee legislature records).