Tennessee · House Bill 489 · 113th General Assembly

AN ACT to amend Tennessee Code Annotated, Title 45 and Title 66, relative to financial institutions.

  1. Introduced Jan 25, 2023
  2. In committee Feb 1, 2023
  3. Withdrawn  
  4. Passed the Senate  
  5. To the governor  
  6. Became law  

What it does

The legislature's own summary of the bill, or its official long title.

Banks and Financial Institutions - As enacted, specifies that the requirement to notify the department of revenue of the death of the sole or last surviving lessee of a safe deposit box does not apply if the lessee died after December 31, 2015; specifies that a state trust institution is not required to publish public notice in order to establish and maintain a new trust office; authorizes the holder of debt secured…

Read the full title (123 words)

Banks and Financial Institutions - As enacted, specifies that the requirement to notify the department of revenue of the death of the sole or last surviving lessee of a safe deposit box does not apply if the lessee died after December 31, 2015; specifies that a state trust institution is not required to publish public notice in order to establish and maintain a new trust office; authorizes the holder of debt secured by a mortgage, deed of trust, or other lien to assess and collect fees from the borrower of the debt for the anticipated or actual costs of making entry of partial or entire payments upon the record, or for registering a formal release. - Amends TCA Title 45 and Title 66.

Every action

13 steps, oldest first, as the legislature records them.

Show the 5 earlier steps
  1. HouseFiled for introduction
  2. HouseIntro., P1C.
  3. CommitteeP2C, ref. to Commerce Committee · House Commerce Committee
  4. CommitteeAssigned to s/c Banking & Consumer Affairs Subcommittee · House Banking & Consumer Affairs Subcommittee
  5. CommitteePlaced on s/c cal Banking & Consumer Affairs Subcommittee for 2/7/2023 · House Banking & Consumer Affairs Subcommittee
  1. CommitteeRec. for pass by s/c ref. to Commerce Committee · House Commerce Committee
  2. CommitteePlaced on cal. Commerce Committee for 2/14/2023 · House Commerce Committee
  3. CommitteeRec. for pass; ref to Calendar & Rules Committee · House Calendar & Rules Committee
  4. CommitteePlaced on cal. Calendar & Rules Committee for 2/16/2023 · House Calendar & Rules Committee
  5. HouseH. Placed on Consent Calendar for 2/23/2023
  6. HouseSponsor(s) Added.
  7. HouseComp. SB subst.
  8. GovernorComp. became Pub. Ch. 28

Roll calls

1 recorded vote: 1 on the floor, 0 in committee. Each shows how every member voted.

CONSENT CALENDAR PASSAGE ON THIRD CONSIDERATION · Full House

Passed 94–0
Feb 23, 2023 · journal entry
Yes 94 No 0 Not voting 2
Party not listed: 1 yes, 0 no Democrats: 22 yes, 0 no Republicans: 71 yes, 0 no
How each member voted

Yes · 94

Not voting · 2

Sponsors

The member who introduced it, joined by 1 cosponsor: 1 Republican.

All 1 cosponsor

From Tennessee's official records (wapp.capitol.tn.gov), checked Nov 3, 2026. Text links go to the official versions; LegiList does not copy bill text.