TN SB 694
enactedInterest Rates - As enacted, increases, from 30 to 36 percent per annum, the maximum permitted effective rate of interest that may be contracted for by an industrial loan and thrift company on an unpaid balance where the amount financed is $100 or more; makes other related changes. - Amends TCA Title 45, Chapter 5.
Tennessee · 114S1 · upper
Quick answers
Did TN SB 694 pass?
Yes. TN SB 694 has been enacted into law as of 2025-04-08. Latest recorded action (2025-04-08): Pub. Ch. 70
What is TN SB 694 about?
TN SB 694 is a bill in the 114S1 titled “Interest Rates - As enacted, increases, from 30 to 36 percent per annum, the maximum permitted effective rate of interest that may be contracted for by an industrial loan and thrift company on an unpaid balance where the amount financed is $100 or more; makes other related changes. - Amends TCA Title 45, Chapter 5.”.
Who sponsors TN SB 694?
Johnson is the primary sponsor of TN SB 694.
- Introduced
- 2025-02-10
- Latest action
- 2025-04-08 — Pub. Ch. 70
- Bill type
- bill
- Last updated
- —
Subjects
Sponsors
- Johnsonprimary
Committees
Not provided by source.
Action timeline
2025-02-03
Filed for introduction
filing
2025-02-10
Introduced, Passed on First Consideration
introduction
2025-02-12
Passed on Second Consideration, refer to Senate Commerce and Labor Committee
referral-committee
2025-02-18
Placed on Senate Commerce and Labor Committee calendar for 2/25/2025
2025-02-20
Sponsor(s) Added.
sponsorship
2025-02-25
Recommended for passage, refer to Senate Calendar Committee
2025-02-27
Placed on Senate Consent Calendar 2 for 3/3/2025
2025-03-03
Senate Reset on calendar for 3-6-2025
2025-03-04
Placed on Senate Regular Calendar for 3/6/2025
2025-03-06
Engrossed; ready for transmission to House
receipt
2025-03-06
Passed Senate, Ayes 22, Nays 4, PNV 1
passage
2025-03-10
Rcvd. from S., held on H. desk.
2025-03-17
Passed H., Ayes 61, Nays 26, PNV 8
passage
2025-03-17
Subst. for comp. HB.
substitution
2025-03-18
Signed by Senate Speaker
passage
2025-03-18
Enrolled and ready for signatures
enrolled
2025-03-19
Transmitted to Governor for action.
executive-receipt
2025-03-19
Signed by H. Speaker
passage
2025-03-25
Signed by Governor.
executive-signature
2025-04-08
Effective date(s) 07/01/2025
2025-04-08
Pub. Ch. 70
Versions
Documents
- application/pdf(no extracted text yet)
- (no extracted text yet)
Votes
SENATE COMMERCE AND LABOR COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 2/25/2025 Passed (2)
2025-02-25 · pass · 8-0
FLOOR VOTE: Third Consideration 3/6/2025 Passed (1)
2025-03-06 · pass · 22-4
Member-level votes (1)
- Haile: not voting
FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION 3/17/2025 Passed (1)
2025-03-17 · pass · 61-26
Member-level votes (8)
- Butler: not voting
- Cepicky: not voting
- Haston: not voting
- Hulsey: not voting
- Hurt: not voting
- Leatherwood: not voting
- Rudder: not voting
- Terry: not voting
Related bills
- Companion bill: HB 775
Official source
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T05:32:51.339172Z
Inspect retained evidence for changes recorded after evidence tracking began:
Session-wide evidence can include changes to other bills:
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=SB 694. 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.