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

HB 2039: Consumer Protection - As introduced, prohibits a person from requiring another to use programmable money for a transaction; prohibits an issuer of programmable money from denying a transaction based upon certain factors; requires an issuer of programmable money that denies a transaction to provide reasons for the denial to the affected party upon request; designates violations to be violations of the Consumer Protection Act of 1977 and provides for other forms of relief and enforcement. - Amends TCA Title 47.

In committee Last action March 11, 2026: Failed in s/c Banking and Consumer Affairs Subcommittee of Commerce Committee

Plain-language summary

HB 2039 is a bill introduced in the Tennessee House on January 22, 2026. According to its official title, it concerns: Consumer Protection - As introduced, prohibits a person from requiring another to use programmable money for a transaction; prohibits an issuer of programmable money from denying a transaction based upon certain factors; requires an issuer of programmable money that denies a transaction to provide reasons for the denial to the affected party upon request; designates violations to be violations of the Consumer Protection Act of 1977 and provides for other forms of relief and enforcement. - Amends TCA Title 47. Primary sponsor: Bud Hulsey (Republican). Most recent recorded action (March 11, 2026): Failed in s/c Banking and Consumer Affairs Subcommittee of Commerce Committee.

Sponsors

Primary sponsor: Bud Hulsey (Republican).