Tennessee · 114 session · senate
SB 487Consumer 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.
- Status
- Passed chamber
- Latest action
- — Passed on Second Consideration, refer to Senate Commerce and Labor Committee
- Primary sponsor
- Bowling
- Consumer Protection
Sponsors
- Bowling · primaryprimary
Effective dates
What law changes on each date. Different sections can land on different dates.
- July 1, 2025In effect1 section