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

SB 2071: 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 April 7, 2026: Assigned to General Subcommittee of Senate Commerce and Labor Committee

Plain-language summary

SB 2071 is a bill introduced in the Tennessee Senate 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: Bo Watson (Republican). Most recent recorded action (April 7, 2026): Assigned to General Subcommittee of Senate Commerce and Labor Committee.

Sponsors

Primary sponsor: Bo Watson (Republican).