TN HB2462

Requires the governor, state legislators, and Tennessee's U.S. congressional representatives (and their spouses) to either divest covered investments or place them in a blind trust by October 1, 2026, or within 90 days of taking office for new officials

Covered investments include individual stocks, commodities, futures, derivatives, investment funds, trusts, and deferred compensation plans, but exclude diversified mutual funds, diversified ETFs, treasury bonds, and retirement plans

Public officials and spouses must submit a certificate of compliance to the commissioner and provide a copy to the secretary of state

Violations carry civil penalties of up to $1,000 per day, with extensions of up to 45 days available for good cause

Effective date: July 1, 2026