2025-2026 Regular Session • Tennessee Legislature
SB1137: AN ACT to amend Tennessee Code Annotated, Title 47, Chapter 16, relative to relative to litigation financiers.
Legislative Summary
As introduced, allows a litigation financier that is not a business entity or partnership to amend or withdraw its registration with the secretary of state by filing a form prescribed by the secretary of state, along with a filing fee of $20. - Amends TCA Title 47, Chapter 16.
Demographic Impact
Overall analysis of equity impact
90% Positive
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Bill History
2/6/2025
Filed for introduction
Senate
2/10/2025
Introduced, Passed on First Consideration
Senate
2/12/2025
Sponsor change.
Senate
2/12/2025
Sponsor(s) Added.
Senate
2/12/2025
Passed on Second Consideration, refer to Senate Commerce and Labor Committee
Senate
2/18/2025
Placed on Senate Commerce and Labor Committee calendar for 2/25/2025
Senate
2/25/2025
Action deferred in Senate Commerce and Labor Committee to 3/4/2025
Senate
2/25/2025
Placed on Senate Commerce and Labor Committee calendar for 3/4/2025
Senate
2/25/2025
Placed on Senate Commerce and Labor Committee calendar for 3/4/2025
Senate
3/4/2025
Recommended for passage, refer to Senate Calendar Committee
Senate
3/7/2025
Placed on Senate Consent Calendar 2 for 3/10/2025
Senate
3/10/2025
Passed Senate, Ayes 30, Nays 0
Senate
3/10/2025
Engrossed; ready for transmission to House
Senate
3/13/2025
Rcvd. from S., held on H. desk.
House of Representatives
4/14/2025
Subst. for comp. HB.
House of Representatives
4/14/2025
Passed H., Ayes 94, Nays 0, PNV 1
House of Representatives
4/16/2025
Enrolled and ready for signatures
Senate
4/17/2025
Signed by Senate Speaker
Senate
4/21/2025
Signed by H. Speaker
House of Representatives
4/21/2025
Transmitted to Governor for action.
Senate
4/24/2025
Signed by Governor.
Senate
Roll Call Votes
FLOOR VOTE: Motion to Adopt
3/10/2025
30
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
SENATE COMMERCE AND LABOR COMMITTEE: Recommended for passage, refer to Senate Calendar Committee
3/4/2025
7
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
Status Information
Current Status
Passed(4/24/2025)
Chamber
Senate
