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

HB 2060: Banks and Financial Institutions - As introduced, prohibits a bank from digitizing or otherwise converting money held by the bank on behalf of a consumer into a digital currency, digital medium of exchange, or digital monetary unit of account, including cryptocurrency, without express, written authorization from the consumer for whom the money is held. - Amends TCA Title 45.

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

HB 2060 is a bill introduced in the Tennessee House on January 23, 2026. According to its official title, it concerns: Banks and Financial Institutions - As introduced, prohibits a bank from digitizing or otherwise converting money held by the bank on behalf of a consumer into a digital currency, digital medium of exchange, or digital monetary unit of account, including cryptocurrency, without express, written authorization from the consumer for whom the money is held. - Amends TCA Title 45. Primary sponsor: Towns. Most recent recorded action (March 18, 2026): No Action Taken.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Sponsors

NameRolePartyChamberDistrict
TownsPrimary sponsorNot applicable (committee)——

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. No Action Taken
  2. Action Def. in s/c Banking & Consumer Affairs Subcommittee to 3/18/2026
  3. Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/18/2026
  4. Action Def. in s/c Banking and Consumer Affairs Subcommittee to 3/11/2026
  5. Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/11/2026
  6. Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/4/2026
  7. P2C, ref. to Commerce Committee
  8. Assigned to s/c Banking & Consumer Affairs Subcommittee
  9. Intro., P1C.
  10. Filed for introduction

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source