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TN SB2682
Bill
AI Summary
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Requires the governor, state legislators, and Tennessee's federal congressional representatives (and their spouses) to either divest covered investments or place them in a blind trust
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Covered investments include individual stocks, commodities, futures, derivatives, investment funds, and trusts, but exclude diversified mutual funds, diversified ETFs, treasury bonds, and retirement plans
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Current officials must comply by October 1, 2026; newly elected or appointed officials have 90 days after taking the oath of office
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Officials must submit a certificate of compliance to the commissioner and secretary of state, with a possible 45-day extension available for good cause
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Violations carry a civil penalty of up to $1,000 per day
Legislative Description
AN ACT to amend Tennessee Code Annotated, Title 2; Title 3; Title 4; Title 8 and Title 48, relative to investments by public officials.
Public Officials
Last Action
Placed on Senate State and Local Government Committee calendar for 3/17/2026
3/11/2026