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

SB 1279: Financial Institutions, Dept. of - As enacted, authorizes the commissioner to determine the type, amounts, and other characteristics of deposit insurance required to be maintained by each state bank; describes criteria the commissioner must consider in making the determinations. - Amends TCA Title 45, Chapter 2.

Enacted Last action April 8, 2025: Pub. Ch. 126

Plain-language summary

SB 1279 is a bill introduced in the Tennessee Senate on February 6, 2025. According to its official title, it concerns: Financial Institutions, Dept. of - As enacted, authorizes the commissioner to determine the type, amounts, and other characteristics of deposit insurance required to be maintained by each state bank; describes criteria the commissioner must consider in making the determinations. - Amends TCA Title 45, Chapter 2. Primary sponsor: Johnson. Most recent recorded action (April 8, 2025): Pub. Ch. 126.

Sponsors

Primary sponsor: Johnson.