Bill Commons

TN HB 2502

enacted

Banks and Financial Institutions - As enacted, clarifies that the service of transmitting money from a location originating in this state to a location outside of the United States or its territories is a taxable service and that such a tax is generally levied on the amount of money transmitted; requires revenues generated from such a tax to be allocated to certain funds and purposes. - Amends TCA Title 4; Title 38; Title 39; Title 45; Title 47; Title 49 and Title 67.

Tennessee · 114S1 · lower

Follow this bill’s action updates (Atom)

Subscribe in a feed reader. The feed covers recorded actions from the last 30 days; Bill Commons may record an action after it happened at the legislature.

Quick answers

Did TN HB 2502 pass?

Yes. TN HB 2502 has been enacted into law. Latest recorded action (2026-05-27): Pub. Ch. 1035

What is TN HB 2502 about?

TN HB 2502 is a bill in the 114S1 titled “Banks and Financial Institutions - As enacted, clarifies that the service of transmitting money from a location originating in this state to a location outside of the United States or its territories is a taxable service and that such a tax is generally levied on the amount of money transmitted; requires revenues generated from such a tax to be allocated to certain funds and purposes. - Amends TCA Title 4; Title 38; Title 39; Title 45; Title 47; Title 49 and Title 67.”.

Who sponsors TN HB 2502?

Sexton is the primary sponsor of TN HB 2502.

Introduced
2026-02-04
Latest action
2026-05-27 — Pub. Ch. 1035
Bill type
bill
Last updated
—

Subjects

Sponsors

  • Sextonprimary

Committees

Not provided by source.

Action timeline

Newest first

  1. 2026-05-27

    Pub. Ch. 1035

  2. 2026-05-27

    Effective date(s) 05/21/2026, 01/01/2027

  3. 2026-05-21

    Signed by Governor.

    executive-signature

  4. 2026-05-11

    Transmitted to Governor for his action.

    executive-receipt

  5. 2026-05-05

    Signed by Senate Speaker

    passage

  6. 2026-04-30

    Signed by H. Speaker

    passage

  7. 2026-04-28

    Enrolled; ready for sig. of H. Speaker.

    enrolled

  8. 2026-04-22

    H. concurred in S. am. no. 2 Ayes 70, Nays 19 PNV 2 HB2502

  9. 2026-04-20

    H. Placed on Message Calendar for 4/21/2026

  10. 2026-04-16

    Senate substituted House Bill for companion Senate Bill.

    substitution

  11. 2026-04-16

    Amendment withdrawn. (Amendment 1 - SA1013)

  12. 2026-04-16

    Senate adopted Amendment (Amendment 2 - SA1038)

  13. 2026-04-16

    Passed Senate as amended, Ayes 21, Nays 7

    passage

  14. 2026-04-13

    Received from House, Passed on First Consideration

    introduction

  15. 2026-04-09

    H. adopted am. (Amendment 1 - HA0729)

    amendment-passage

  16. 2026-04-09

    Sponsor(s) Added.

    sponsorship

  17. 2026-04-09

    Passed H., as am., Ayes 68, Nays 21, PNV 3

    passage

  18. 2026-04-09

    Engrossed; ready for transmission to Sen.

    receipt

  19. 2026-04-02

    H. Placed on Regular Calendar for 4/9/2026

  20. 2026-04-01

    Placed on cal. Calendar & Rules Committee for 4/2/2026

  21. 2026-03-31

    Rec. for pass; ref to Calendar & Rules Committee

    committee-passage-favorable

  22. 2026-03-25

    Rec. for pass by s/c ref. to Finance, Ways, and Means Committee

    committee-passage-favorable

  23. 2026-03-25

    Placed on cal. Finance, Ways, and Means Committee for 3/31/2026

  24. 2026-03-18

    Rec. for pass. if am., ref. to Finance, Ways, and Means Committee

    committee-passage-favorable

  25. 2026-03-18

    Assigned to s/c Finance, Ways, and Means Subcommittee

    referral-committee

  26. 2026-03-18

    Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/25/2026

  27. 2026-03-11

    Rec for pass if am by s/c ref. to Commerce Committee

    referral-committee

  28. 2026-03-11

    Placed on cal. Commerce Committee for 3/18/2026

  29. 2026-03-09

    Sponsor(s) Added.

    sponsorship

  30. 2026-03-04

    Action Def. in s/c Banking and Consumer Affairs Subcommittee to 3/11/2026

  31. 2026-03-04

    Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/11/2026

  32. 2026-02-25

    Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/4/2026

  33. 2026-02-05

    P2C, ref. to Commerce Committee - Finance, Ways & Means Committee

    referral-committee

  34. 2026-02-05

    Assigned to s/c Banking & Consumer Affairs Subcommittee

    referral-committee

  35. 2026-02-04

    Intro., P1C.

    introduction

  36. 2026-02-03

    Filed for introduction

    filing

Versions

Documents

Votes

  • HOUSE BANKING AND CONSUMER AFFAIRS SUBCOMMITTEE: Rec for pass if am by s/c ref. to Commerce Committee 3/11/2026 Passed (7)

    2026-03-11 · pass · 6-1

  • HOUSE COMMERCE COMMITTEE: Rec. for pass. if am., ref. to Finance, Ways, and Means Committee 3/18/2026 Passed (6)

    2026-03-18 · pass · 17-4

  • HOUSE FINANCE, WAYS, AND MEANS SUBCOMMITTEE: Rec. for pass by s/c ref. to Finance, Ways, and Means Committee 3/25/2026 Passed (5)

    2026-03-25 · pass · 12-0

  • HOUSE FINANCE, WAYS, AND MEANS COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee 3/31/2026 Passed (4)

    2026-03-31 · pass · 22-0

    Member-level votes (3)
    • Camper: not voting
    • Freeman: not voting
    • Sparks: not voting

  • FLOOR VOTE: REGULAR CALENDAR PREVIOUS QUESTION AS AMENDED PASSAGE ON THIRD CONSIDERATION 4/9/2026 Passed

    2026-04-09 · pass · 65-24

  • HOUSE CALENDAR & RULES COMMITTEE: H. Placed on Regular Calendar for 4/9/2026 4/2/2026 (3)

    2026-04-09 · fail · 0-0

  • FLOOR VOTE: REGULAR CALENDAR AS AMENDED PASSAGE ON THIRD CONSIDERATION 4/9/2026 Passed (2)

    2026-04-09 · pass · 68-21

    Member-level votes (3)
    • Barrett: not voting
    • Hurt: not voting
    • Todd: not voting

  • FLOOR VOTE: as Amended Third Consideration 4/16/2026 Passed (1)

    2026-04-16 · pass · 21-7

  • FLOOR VOTE: MESSAGE CALENDAR CONCUR IN SENATE AMENDMENT # 2 4/22/2026 Passed (1)

    2026-04-22 · pass · 70-19

    Member-level votes (2)
    • Barrett: not voting
    • Vital: not voting

Related bills

Official source

https://wapp.capitol.tn.gov/apps/BillInfo/Default?BillNumber=HB2502&ga=114

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:32:51.339172Z

Inspect retained evidence for changes recorded after evidence tracking began:

Source and document changesStatus and relationship changes

Session-wide evidence can include changes to other bills:

Bulk imports for this sessionSession dates and activity

Use this data

Every field on this page is available from the free public API — no key or licence required. Fetch this bill as JSON: GET /api/v1/bills?jurisdiction=TN&identifier=HB 2502. See the API docs or the MCP server for AI assistants.

Known limitations

  • Sponsor party and chamber affiliation are not yet captured by this API.
  • Committee referrals are not yet captured.
  • Some documents have no extracted text yet, so version comparison may be limited.

See the methodology page for data sources and limitations.