2025-2026 Regular Session • Tennessee Legislature
HB0805: AN ACT to amend Tennessee Code Annotated, Title 9, Chapter 4, Part 15, relative to investments.
Legislative Summary
As introduced, 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.
Demographic Impact
Overall analysis of equity impact
70% Bias
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Bill History
2/4/2025
Filed for introduction
House of Representatives
2/5/2025
Intro., P1C.
House of Representatives
2/6/2025
P2C, ref. to State & Local Government Committee
House of Representatives
2/10/2025
Assigned to s/c Public Service Subcommittee
House of Representatives
2/12/2025
Placed on s/c cal Public Service Subcommittee for 2/19/2025
House of Representatives
2/14/2025
Sponsor(s) Added.
House of Representatives
2/19/2025
Meeting Canceled
House of Representatives
2/20/2025
Placed on s/c cal Public Service Subcommittee for 2/26/2025
House of Representatives
2/25/2025
Sponsor(s) Added.
House of Representatives
2/26/2025
Rec. for pass by s/c ref. to State & Local Government Committee
House of Representatives
2/26/2025
Placed on cal. State & Local Government Committee for 3/5/2025
House of Representatives
3/4/2025
Sponsor(s) Added.
House of Representatives
3/5/2025
Sponsor(s) Added.
House of Representatives
3/5/2025
Rec. for pass; ref to Calendar & Rules Committee
House of Representatives
3/19/2025
Placed on cal. Calendar & Rules Committee for 3/20/2025
House of Representatives
3/20/2025
H. Placed on Regular Calendar for 3/24/2025
House of Representatives
3/24/2025
Passed H., Ayes 86, Nays 6, PNV 1
House of Representatives
3/24/2025
Sponsor(s) Added.
House of Representatives
3/25/2025
Engrossed; ready for transmission to Sen.
House of Representatives
3/26/2025
Received from House, Passed on First Consideration
Senate
4/9/2025
Senate substituted House Bill for companion Senate Bill.
Senate
4/9/2025
Passed Senate, Ayes 25, Nays 1, PNV 1
Senate
4/9/2025
Enrolled; ready for sig. of H. Speaker.
House of Representatives
4/14/2025
Signed by H. Speaker
House of Representatives
4/15/2025
Signed by Senate Speaker
Senate
4/16/2025
Transmitted to Governor for his action.
House of Representatives
4/24/2025
Signed by Governor.
Roll Call Votes
FLOOR VOTE: Third Consideration
4/9/2025
25
Yea
1
Nay
1
Not Voting
0
Absent
Result: PASSED
FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION
3/24/2025
86
Yea
6
Nay
1
Not Voting
0
Absent
Result: PASSED
HOUSE STATE & LOCAL GOVERNMENT COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee
3/5/2025
17
Yea
1
Nay
2
Not Voting
0
Absent
Result: PASSED
HOUSE PUBLIC SERVICE SUBCOMMITTEE: Rec. for pass by s/c ref. to State & Local Government Committee
2/26/2025
4
Yea
1
Nay
0
Not Voting
0
Absent
Result: PASSED
Status Information
Current Status
Passed(4/24/2025)
Chamber
House of Representatives
Sponsors
Republican: 16
Democrat: 1
Primary Sponsor
Rusty Grills
Republican
Co-Sponsors (16)
Jake McCalmon
Republican
Rick Eldridge
Republican
Jeff Burkhart
Republican
Dennis Powers
Republican
Rush Bricken
Republican
Tim Rudd
Republican
Michele Carringer
Republican
Ed Butler
Republican
Tom Leatherwood
Republican
Dan Howell
Republican
Aron Maberry
Republican
Brock Martin
Republican
G.A. Hardaway
Democrat
Greg Vital
Republican
David Hawk
Republican
Jay Reedy
Republican