2025-2026 Regular SessionTennessee Legislature

SB0306: AN ACT to amend Tennessee Code Annotated, Title 43, Chapter 38; Title 48, Chapter 24; Title 48, Chapter 245; Title 48, Chapter 246; Title 48, Chapter 249; Title 48, Chapter 25; Title 48, Chapter 64; Title 48, Chapter 65 and Title 61, Chapter 3, relative to entities filing documents with the secretary of state.

Legislative Summary

As enacted, clarifies that administrative dissolution is permitted for certain entities if the entity files a signed document with the secretary of state knowing that it contained materially false information; permits administrative dissolution of certain entities if the entity is owned or controlled by a foreign government or foreign non-government person determined to be a foreign adversary by the United States secretary of commerce. - Amends TCA Title 43, Chapter 38; Title 48, Chapter 24; Title 48, Chapter 245; Title 48, Chapter 246; Title 48, Chapter 249; Title 48, Chapter 25; Title 48, Chapter 64; Title 48, Chapter 65 and Title 61, Chapter 3.

Demographic Impact

Overall analysis of equity impact

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Bill History

1/27/2025
Filed for introduction
Senate
2/10/2025
Introduced, Passed on First Consideration
Senate
2/11/2025
Placed on Senate State and Local Government Committee calendar for 2/18/2025
Senate
2/12/2025
Passed on Second Consideration, refer to Senate State and Local Government Committee
Senate
2/12/2025
Sponsor(s) Added.
Senate
2/18/2025
Recommended for passage, refer to Senate Calendar Committee
Senate
2/20/2025
Placed on Senate Regular Calendar for 2/24/2025
Senate
2/24/2025
Senate Reset on calendar for 3/3/2025
Senate
2/27/2025
Placed on Senate Regular Calendar for 3/3/2025
Senate
3/3/2025
Passed Senate, Ayes 31, Nays 0
Senate
3/3/2025
Engrossed; ready for transmission to House
Senate
3/3/2025
Sponsor(s) Added.
Senate
3/6/2025
Rcvd. from S., held on H. desk.
House of Representatives
3/20/2025
Subst. for comp. HB.
House of Representatives
3/20/2025
Passed H., Ayes 92, Nays 0, PNV 2
House of Representatives
3/20/2025
Enrolled and ready for signatures
Senate
3/24/2025
Signed by Senate Speaker
Senate
3/24/2025
Signed by H. Speaker
House of Representatives
3/25/2025
Transmitted to Governor for action.
Senate
4/3/2025
Signed by Governor.
Senate
4/8/2025
Pub. Ch. 113
4/8/2025
Effective date(s) 04/03/2025

Roll Call Votes

FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION
3/20/2025
92
Yea
0
Nay
2
Not Voting
0
Absent
Result: PASSED
FLOOR VOTE: Third Consideration
3/3/2025
31
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
SENATE STATE & LOCAL GOVERNMENT COMMITTEE: Recommended for passage, refer to Senate Calendar Committee
2/18/2025
8
Yea
0
Nay
1
Not Voting
0
Absent
Result: PASSED

Status Information

Current Status
Passed(4/8/2025)
Chamber
Senate

Documents

Chaptered
Bill Text4/4/2025238.8 KB
Draft
Bill Text1/28/202521.7 KB
Draft
Bill Text1/27/202521.7 KB
Fiscal Note
Fiscal Note2/11/2025118.6 KB