TN SB 749
died on adjournmentInterest Rates - As enacted, removes the weighted average yield of the accepted offers of the Federal National Mortgage Association's current free market system auction and the 30-year treasury yield as the two bases upon which the maximum effective rate of interest on home loans may be set by the commissioner of financial institutions, and replaces them with the average prime offer rate. - Amends TCA Title 45 and Title 47.
Tennessee · 114S1 · upper
Quick answers
Did TN SB 749 pass?
No. TN SB 749 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. 290
What is TN SB 749 about?
TN SB 749 is a bill in the 114S1 titled “Interest Rates - As enacted, removes the weighted average yield of the accepted offers of the Federal National Mortgage Association's current free market system auction and the 30-year treasury yield as the two bases upon which the maximum effective rate of interest on home loans may be set by the commissioner of financial institutions, and replaces them with the average prime offer rate. - Amends TCA Title 45 and Title 47.”.
Who sponsors TN SB 749?
Yager is the primary sponsor of TN SB 749.
- Introduced
- 2025-02-10
- Latest action
- 2025-04-28 — Comp. became Pub. Ch. 290
- Bill type
- bill
- Last updated
- —
Subjects
Sponsors
- Yagerprimary
Committees
Not provided by source.
Action timeline
2025-02-04
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
2025-02-25
Placed on Senate Commerce and Labor Committee calendar for 3/4/2025
2025-02-25
Placed on Senate Commerce and Labor Committee calendar for 3/4/2025
2025-02-25
Action deferred in Senate Commerce and Labor Committee to 3/4/2025
2025-03-04
Action deferred in Senate Commerce & Labor Committee to 3/11/2025
2025-03-05
Placed on Senate Commerce and Labor Committee calendar for 3/11/2025
2025-03-11
Recommended for passage, refer to Senate Calendar Committee
2025-03-14
Placed on Senate Regular Calendar for 3/17/2025
2025-03-17
Companion House Bill substituted
substitution
2025-04-28
Comp. became Pub. Ch. 290
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 3/11/2025 Passed (1)
2025-03-11 · pass · 7-0
Member-level votes (1)
- Akbari: not voting
Related bills
- Companion bill: HB 908
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:
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