Tennessee · Senate Bill 955 · 113th General Assembly

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

SB 955 Sponsored by Jack Johnson Became law

  1. Introduced Jan 31, 2023
  2. In committee Feb 6, 2023
  3. Passed the Senate Mar 13, 2023
  4. Passed the House Apr 21, 2023
  5. To the governor May 9, 2023
  6. Became law May 17, 2023

What it does

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

Public Funds and Financing - As enacted, requires the department of treasury investment division staff to invest, reinvest, manage, and select investment options for program assets for financial reasons, excluding environmental, social, and governance interests that may not be material to the financial analysis of the investment, for the exclusive benefit of the beneficiaries of the programs while maximizing long-term shareholder value; makes other changes concerning the authority of the state treasurer. - Amends TCA Title 9, Chapter 4.

Every action

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

Show the 16 earlier steps
  1. SenateFiled for introduction
  2. SenateIntroduced, Passed on First Consideration
  3. CommitteePassed on Second Consideration, refer to Senate State and Local Government Committee · Senate State and Local Government Committee
  4. SenateSponsor(s) Added.
  5. SenateSponsor(s) Added.
  6. CommitteePlaced on Senate State and Local Government Committee calendar for 3/7/2023 · Senate State and Local Government Committee
  7. CommitteeRecommended for passage, refer to Senate Calendar Committee · Senate Calendar Committee
  8. SenateSponsor(s) Added.
  9. SenatePlaced on Senate Regular Calendar for 3/13/2023
  10. SenateSenate adopted Amendment (Amendment 1 - SA0061)
  11. SenatePassed Senate as amended, Ayes 27, Nays 4, PNV 2
  12. SenateEngrossed; ready for transmission to House
  13. SenateSponsor(s) Added.
  14. HouseRcvd. from S., held on H. desk.
  15. HouseSubst. for comp. HB.
  16. HouseAm. withdrawn. (Amendment 1 - HA0463)
  1. HousePassed H., Ayes 75, Nays 19, PNV 0
  2. SenateEnrolled and ready for signatures
  3. SenateSigned by Senate Speaker
  4. HouseSigned by H. Speaker
  5. SenateTransmitted to Governor for action.
  6. SenateSigned by Governor.
  7. Secretary of StatePub. Ch. 471
  8. GovernorEffective date(s) 05/17/2023

Roll calls

3 recorded votes: 2 on the floor, 1 in committee. Each shows how every member voted.

as Amended Third Consideration · Full Senate

Passed 27–4
Mar 13, 2023 · journal entry
Yes 27 No 4 Not voting 2
Democrats: 0 yes, 4 no Republicans: 27 yes, 0 no
How each member voted

Yes · 27

No · 4

Not voting · 2

REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION · Full House

Passed 75–19
Apr 21, 2023 · journal entry
Yes 75 No 19
Party not listed: 1 yes, 0 no Democrats: 2 yes, 19 no Republicans: 72 yes, 0 no
How each member voted

Yes · 75

No · 19

Committee and other votes

DateWhereQuestionResult
Mar 7, 2023 Senate State and Local Government Committee State and Local Government Committee: Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 8, Nays 0 PNV 0
Members

Yes · 8

 Passed 8–0

Sponsors

The member who introduced it, joined by 12 cosponsors: 12 Republicans.

All 12 cosponsors

From Tennessee's official records (wapp.capitol.tn.gov), checked Nov 1, 2026. Text links go to the official versions; LegiList does not copy bill text.