Tennessee · 114th Regular Session (2025-2026) · Bill

HB 1011: Consumer Protection - As introduced, prohibits an online payment system from freezing the funds of a user without first providing the user with a written notice of the online payment system's intent to freeze the user's funds; designates a violation as an unfair or deceptive act or practice pursuant to the Tennessee Consumer Protection Act of 1977. - Amends TCA Title 45 and Title 47, Chapter 18.

In committee Last action March 19, 2025: Failed in s/c Banking and Consumer Affairs Subcommittee of Commerce Committee

Plain-language summary

HB 1011 is a bill introduced in the Tennessee House on February 5, 2025. According to its official title, it concerns: Consumer Protection - As introduced, prohibits an online payment system from freezing the funds of a user without first providing the user with a written notice of the online payment system's intent to freeze the user's funds; designates a violation as an unfair or deceptive act or practice pursuant to the Tennessee Consumer Protection Act of 1977. - Amends TCA Title 45 and Title 47, Chapter 18. Primary sponsor: Monty Fritts (Republican). Most recent recorded action (March 19, 2025): Failed in s/c Banking and Consumer Affairs Subcommittee of Commerce Committee.

Sponsors

Primary sponsor: Monty Fritts (Republican).