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2025-2026 Regular Session • Tennessee Legislature

HB0550: AN ACT to amend Tennessee Code Annotated, Title 8, Chapter 27; Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37, relative to retirement planning.

Legislative Summary

As introduced, enacts the "Fairness in Benefits Act"; requires an employer participating in the Tennessee consolidated retirement system to allow the dissemination of information and educational materials developed by a private entity regarding the entity's alternative retirement plans and supplemental benefits to its employees on the employer's premises. - Amends TCA Title 8, Chapter 27; Title 8, Chapter 34; Title 8, Chapter 35; Title 8, Chapter 36 and Title 8, Chapter 37.

Demographic Impact

Overall analysis of equity impact

60% Positive
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

1/29/2025
Filed for introduction
House of Representatives
2/3/2025
Intro., P1C.
House of Representatives
2/5/2025
P2C, ref. to State & Local Government Committee
House of Representatives
2/5/2025
Assigned to s/c Public Service Subcommittee
House of Representatives
3/13/2025
Placed on s/c cal Public Service Subcommittee for 3/19/2025
House of Representatives
3/19/2025
Rec. for pass by s/c ref. to State & Local Government Committee
House of Representatives
3/19/2025
Placed on cal. State & Local Government Committee for 3/26/2025
House of Representatives
3/26/2025
Rec. for pass; ref to Calendar & Rules Committee
House of Representatives
3/26/2025
Placed on cal. Calendar & Rules Committee for 3/27/2025
House of Representatives
3/27/2025
H. Placed on Consent Calendar for 3/31/2025
House of Representatives
3/31/2025
Passed H., Ayes 93, Nays 0, PNV 2
House of Representatives
4/1/2025
Engrossed; ready for transmission to Sen.
House of Representatives
4/3/2025
Received from House, Passed on First Consideration
Senate
4/14/2025
Senate substituted House Bill for companion Senate Bill.
Senate
4/14/2025
Senate adopted Amendment (Amendment 1 - SA0322)
Senate
4/14/2025
Passed Senate as amended, Ayes 32, Nays 0
Senate
4/15/2025
H. Placed on Message Calendar 4/16/2025
House of Representatives
4/16/2025
H. concurred in S. am. no. 1 Ayes 89, Nays 0 PNV 0 HB0550
House of Representatives
4/17/2025
Enrolled; ready for sig. of H. Speaker.
House of Representatives
4/22/2025
Signed by H. Speaker
House of Representatives
4/22/2025
Signed by Senate Speaker
Senate
4/22/2025
Transmitted to Governor for his action.
House of Representatives

Roll Call Votes

FLOOR VOTE: MESSAGE CALENDAR CONCUR IN SENATE AMENDMENT # 1
4/16/2025
89
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
FLOOR VOTE: as Amended Third Consideration
4/14/2025
32
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
FLOOR VOTE: CONSENT CALENDAR PASSAGE ON THIRD CONSIDERATION
3/31/2025
93
Yea
0
Nay
2
Not Voting
0
Absent
Result: PASSED
HOUSE STATE & LOCAL GOVERNMENT COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee
3/26/2025
22
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
HOUSE PUBLIC SERVICE SUBCOMMITTEE: Rec. for pass by s/c ref. to State & Local Government Committee
3/19/2025
6
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED

Status Information

Current Status
Enrolled(4/17/2025)
Chamber
House of Representatives

Sponsors

Republican: 1

Primary Sponsor

Mark Cochran
Mark Cochran
Republican

Documents

Draft
Bill Text • 1/29/2025 • 8.5 KB
LegiScanState Site
Fiscal Note
Fiscal Note • 12/20/2024 • 131.1 KB
LegiScanState Site

External Links

View on LegiScanView on State Website