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HB0805Introduced in the House

AN ACT to amend Tennessee Code Annotated, Title 9, Chapter 4, Part 15, relative to investments.

Passed

Introduced by Rusty Grills, District 77

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

As enacted, requires the TCRS board of trustees to divest the retirement system from investment activity it has in a company known to be majority-owned by China; requires a local governing body to divest its political subdivision pension plan from investment activity it has in a company known to be majority-owned by China. - Amends TCA Title 9, Chapter 4, Part 15.

Where it stands

Effective date(s) 04/24/2025

April 28, 2025

How did lawmakers vote?

House votes

3 recorded votes · each counted separately

Senate votes

1 recorded vote · each counted separately

SenateStage: FLOOR VOTE: Third Consideration · April 9, 2025

25

Yes

1

No

1

Absent or Not Voting

27 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

What do people think?

Citizen Voice

How would you vote on this bill?

An unofficial public opinion poll. It does not affect the bill or the official vote.

One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.

See how each senator voted

Bill history

  1. Filed for introduction

  2. Intro., P1C.

  3. P2C, ref. to State & Local Government Committee

  4. Assigned to s/c Public Service Subcommittee

  5. Placed on s/c cal Public Service Subcommittee for 2/19/2025

  6. Sponsor(s) Added.

  7. Meeting Canceled

  8. Placed on s/c cal Public Service Subcommittee for 2/26/2025

  9. Sponsor(s) Added.

  10. Rec. for pass by s/c ref. to State & Local Government Committee

  11. Placed on cal. State & Local Government Committee for 3/5/2025

  12. Sponsor(s) Added.

  13. Sponsor(s) Added.

  14. Rec. for pass; ref to Calendar & Rules Committee

  15. Placed on cal. Calendar & Rules Committee for 3/20/2025

  16. H. Placed on Regular Calendar for 3/24/2025

  17. Sponsor(s) Added.

  18. Passed H., Ayes 86, Nays 6, PNV 1

  19. Engrossed; ready for transmission to Sen.

  20. Received from House, Passed on First Consideration

  21. Senate substituted House Bill for companion Senate Bill.

  22. Passed Senate, Ayes 25, Nays 1, PNV 1

  23. Enrolled; ready for sig. of H. Speaker.

  24. Signed by H. Speaker

  25. Signed by Senate Speaker

  26. Transmitted to Governor for his action.

  27. Signed by Governor.

  28. Pub. Ch. 289

  29. Effective date(s) 04/24/2025

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