Tennessee · 114th Regular Session (2025-2026) · Bill
SB 1870: Financial Institutions, Dept. of - As enacted, terminates the state credit union share insurance corporation that protects or guarantees shareholdings and deposits of member credit unions against loss; terminates the capital fund held by the corporation that consists of capital contributions and special assessments paid by member credit unions; makes other revisions pertaining to credit unions. - Amends TCA Title 45, Chapter 2; Title 45, Chapter 4 and Title 45, Chapter 7.
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 1870 is a bill introduced in the Tennessee Senate on January 21, 2026. According to its official title, it concerns: Financial Institutions, Dept. of - As enacted, terminates the state credit union share insurance corporation that protects or guarantees shareholdings and deposits of member credit unions against loss; terminates the capital fund held by the corporation that consists of capital contributions and special assessments paid by member credit unions; makes other revisions pertaining to credit unions. - Amends TCA Title 45, Chapter 2; Title 45, Chapter 4 and Title 45, Chapter 7. Primary sponsor: Johnson. Most recent recorded action (April 13, 2026): Pub. Ch. 671.
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
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Johnson | Primary sponsor | Not 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
- Pub. Ch. 671
- Effective date(s) 04/07/2026
- Signed by Governor.
- Transmitted to Governor for action.
- Signed by H. Speaker
- Signed by Senate Speaker
- Enrolled and ready for signatures
- Subst. for comp. HB.
- Passed H., Ayes 82, Nays 0, PNV 2
- Rcvd. from S., held on H. desk.
- Passed Senate, Ayes 32, Nays 0
- Engrossed; ready for transmission to House
Showing 12 most recent of 18 actions. Full history