Tennessee · 114th Regular Session (2025-2026) · Bill
HB 316: Consumer Protection - As introduced, reduces, from $100 billion to $50 billion, the amount of assets held by a state or national bank, savings and loan association, savings bank, credit union, industrial loan and thrift, or mortgage lender that are necessary to fall within the definition of a financial institution for purposes of the application of certain consumer protections. - Amends TCA Title 4; Title 9; Title 45; Title 47 and Title 56.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 316 is a bill introduced in the Tennessee House on January 22, 2025. According to its official title, it concerns: Consumer Protection - As introduced, reduces, from $100 billion to $50 billion, the amount of assets held by a state or national bank, savings and loan association, savings bank, credit union, industrial loan and thrift, or mortgage lender that are necessary to fall within the definition of a financial institution for purposes of the application of certain consumer protections. - Amends TCA Title 4; Title 9; Title 45; Title 47 and Title 56. Primary sponsor: Tim Rudd (Republican). Most recent recorded action (March 26, 2025): Taken off notice for cal in s/c Banking and Consumer Affairs Subcommittee of Commerce Committee.
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
Sponsors by party (alphabetical): Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Tim Rudd | Primary sponsor | Republican | House | 34 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Taken off notice for cal in s/c Banking and Consumer Affairs Subcommittee of Commerce Committee
- Action Def. in s/c Banking and Consumer Affairs Subcommittee to 3/26/2025
- Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/26/2025
- Action Def. in s/c Banking and Consumer Affairs Subcommittee to 3/19/2025
- Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/19/2025
- Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/12/2025
- Ref. to Commerce Committee
- Assigned to s/c Banking & Consumer Affairs Subcommittee
- P2C, caption bill, held on desk - pending amdt.
- Intro., P1C.
- Filed for introduction