republic-os/legislation/us/states/tn/110/sb-1976.md

---
type: "Bill"
title: "Pensions and Retirement Benefits - As enacted, provides under the Public Employee Defined Benefit Financial Security Act of 2014 that the measurement standard used to determine a pension plan's funded status must be done in accordance with rules, standards, guidelines, and interpretations established by the governmental accounting standards board; provides that for political subdivision with an existing pension plan as of May 22, 2014, the political subdivision must not establish a new pension plan until it has received written approval from the state treasurer. - Amends TCA Title 9, Chapter 3, Part 5."
description: "Pensions and Retirement Benefits - As enacted, provides under the Public Employee Defined Benefit Financial Security Act of 2014 that the measurement standard used to determine a pension plan's funded status must be done in accordance with rules, standards, guidelines, and interpretations established by the governmental accounting standards board; provides that for political subdivision with an existing pension plan as of May 22, 2014, the political subdivision must not establish a new pension plan until it has received written approval from the state treasurer. - Amends TCA Title 9, Chapter 3, Part 5."
jurisdiction: "us/states/tn"
legislature: "Tennessee General Assembly"
session: "110"
identifier: "SB 1976"
citation: "Tennessee SB 1976 (110)"
classification: ["bill"]
subjects: ["Pensions and Retirement Benefits"]
status: "enacted"
primary_sponsors: ["Gardenhire", "Marsh"]
version_count: 1
action_count: 36
vote_count: 1
first_action: "2018-01-30"
last_action: "2018-04-17"
source: "openstates"
source_identifier: "ocd-bill/1fc372d8-1152-434b-ab5d-ff2166f88701"
source_url: "http://wapp.capitol.tn.gov/apps/BillInfo/default.aspx?BillNumber=SB1976&GA=110"
source_hash: "2e36123ad810252a3eec9e6b3c3c1fd3f450b0beab62ebdca813c05ed9bb1e3e"
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 1976 (110) — Pensions and Retirement Benefits - As enacted, provides under the Public Employee Defined Benefit Financial Security Act of 2014 that the measurement standard used to determine a pension plan's funded status must be done in accordance with rules, standards, guidelines, and interpretations established by the governmental accounting standards board; provides that for political subdivision with an existing pension plan as of May 22, 2014, the political subdivision must not establish a new pension plan until it has received written approval from the state treasurer. - Amends TCA Title 9, Chapter 3, Part 5.

## Version chain

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

1. **Current Version** (committee substitute) — [source](http://www.capitol.tn.gov/Bills/110/Bill/SB1976.pdf)

## Votes

- SENATE STATE AND LOCAL GOVERNMENT COMMITTEE: Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 9, Nays 0 PNV 0 3/13/2018 Passed (1) — **9–0** (pass) · upper

## Sponsors

- Gardenhire — primary (person)
- Marsh — primary (person)

## Timeline

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

- **2018-01-30** Filed for introduction `introduction, reading-1`
- **2018-01-31** Introduced, Passed on First Consideration `introduction`
- **2018-01-31** Filed for intro. `introduction, reading-1`
- **2018-02-01** Passed on Second Consideration, refer to Senate State and Local Government Committee
- **2018-02-01** Intro., P1C. `introduction`
- **2018-02-05** P2C, ref. to State Government Committee `referral-committee`
- **2018-02-07** Assigned to s/c State Government Subcommittee `referral-committee`
- **2018-02-28** Placed on Senate State and Local Government Committee calendar for 3/6/2018
- **2018-02-28** Placed on s/c cal State Government Subcommittee for 3/7/2018
- **2018-03-06** Action deferred in Senate State and Local Government Committee to 3/13/2018
- **2018-03-07** Placed on Senate State and Local Government Committee calendar for 3/13/2018
- **2018-03-07** Placed on cal. State Government Committee for 3/13/2018
- **2018-03-07** Rec for pass if am by s/c ref. to State Government Committee `referral-committee`
- **2018-03-13** Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 9, Nays 0 PNV 0
- **2018-03-13** Rec. for pass. if am., ref. to Calendar & Rules Committee `committee-passage-favorable`
- **2018-03-14** Placed on cal. Calendar & Rules Committee for 3/15/2018
- **2018-03-15** H. Placed on Regular Calendar for 3/19/2018
- **2018-03-19** Passed H., as am., Ayes 96, Nays 0, PNV 0 `passage`
- **2018-03-19** H. adopted am. (Amendment 1 - HA0776) `amendment-passage`
- **2018-03-19** Am. withdrawn. (Amendment 2 - HA0869) `amendment-withdrawal`
- **2018-03-20** Engrossed; ready for transmission to Sen.
- **2018-03-22** Received from House, Passed on First Consideration `introduction`
- **2018-03-23** Placed on Senate Regular Calendar calendar for 3/26/2018
- **2018-03-26** Companion House Bill substituted
- **2018-03-26** Passed Senate, Ayes 30, Nays 0 `passage`
- **2018-03-26** Amendment withdrawn. (Amendment 2 - SA0779)
- **2018-03-26** Amendment withdrawn. (Amendment 1 - SA0681)
- **2018-03-26** Senate substituted House Bill for companion Senate Bill.
- **2018-03-28** Enrolled; ready for sig. of H. Speaker.
- **2018-03-29** Signed by H. Speaker
- **2018-04-02** Signed by Senate Speaker
- **2018-04-03** Transmitted to Governor for his action. `executive-receipt`
- **2018-04-12** Signed by Governor. `executive-signature`
- **2018-04-17** Comp. became Pub. Ch. 681
- **2018-04-17** Pub. Ch. 681
- **2018-04-17** Effective date(s) 04/12/2018

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/1fc372d8-1152-434b-ab5d-ff2166f88701`. Confidence: reported (aggregated from official Tennessee legislature records).