TN SB 542
died on adjournmentPensions and Retirement Benefits - As enacted, 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.
Tennessee · 114S1 · upper
Quick answers
Did TN SB 542 pass?
No. TN SB 542 died when the 114S1 session adjourned without final action on it. Bills that die this way are sometimes reintroduced in a later session. Latest recorded action (2025-04-28): Comp. became Pub. Ch. 289
What is TN SB 542 about?
TN SB 542 is a bill in the 114S1 titled “Pensions and Retirement Benefits - As enacted, 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.”.
Who sponsors TN SB 542?
Stevens is the primary sponsor of TN SB 542.
- Introduced
- 2025-02-10
- Latest action
- 2025-04-28 — Comp. became Pub. Ch. 289
- Bill type
- bill
- Last updated
- —
Subjects
Sponsors
- Stevensprimary
Committees
Not provided by source.
Action timeline
2025-01-30
Filed for introduction
filing
2025-02-10
Introduced, Passed on First Consideration
introduction
2025-02-12
Passed on Second Consideration, refer to Senate State and Local Government Committee
referral-committee
2025-02-18
Placed on Senate State and Local Government Committee calendar for 2/25/2025
2025-02-25
Action deferred in Senate State and Local Government Committee to 3/11/2025
2025-03-04
Placed on Senate State and Local Government Committee calendar for 3/11/2025
2025-03-11
Reset on Final calendar of Senate State and Local Government Committee
2025-03-26
Placed on Senate State and Local Government Committee calendar for 4/1/2025
2025-04-01
Placed on Senate State and Local Government Committee calendar for 4/2/2025
2025-04-01
Action deferred in Senate State and Local Government Committee to 4/2/2025
2025-04-02
Recommended for passage, refer to Senate Calendar Committee
2025-04-07
Placed on Senate Regular Calendar for 4/9/2025
2025-04-09
Sponsor(s) Added.
sponsorship
2025-04-09
Companion House Bill substituted
substitution
2025-04-28
Comp. became Pub. Ch. 289
Versions
Documents
- application/pdf(no extracted text yet)
- (no extracted text yet)
Votes
SENATE STATE & LOCAL GOVERNMENT COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 4/2/2025 Passed (1)
2025-04-02 · pass · 8-1
Related bills
- Companion bill: HB 805
Official source
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T05:32:51.339172Z
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