Tennessee 2023-2024 Regular Session

Tennessee Senate Bill SJR0159

Introduced
1/31/23  
Engrossed
2/16/23  
Enrolled
3/24/23  

Caption

A RESOLUTION to recognize and celebrate 100 years of Tennessee credit unions.

Impact

The resolution emphasizes the impact credit unions have had by serving approximately 2.4 million members and providing around 16,000 jobs within the state. The financial benefits attributed to these institutions total approximately $305 million annually, benefiting every household in Tennessee. This recognition serves to enhance the visibility of credit unions and their role as community partners dedicated to financial education and member service.

Summary

SJR0159 is a Senate Joint Resolution recognizing the hundredth anniversary of credit unions in Tennessee. This resolution highlights the significant contributions that credit unions have made to both the economic well-being of the state and the lives of Tennessee citizens. Established in 1923, Tennessee was among the early adopters of state-chartered credit unions, which have since evolved into vital financial institutions providing a range of banking services at lower costs than traditional banks.

Contention

While the resolution itself may not present contentious points, it does symbolize the larger conversation around financial institutions that serve communities beyond the profit motives of conventional banks. The resolution astutely reflects on the democratic values and member-focused approach credit unions embody. However, ongoing discussions in the financial sector often involve debates over the regulation and competitive standing of credit unions versus traditional banking institutions, particularly in terms of market share, service offerings, and consumer protections.

Companion Bills

No companion bills found.

Previously Filed As

TN SR319

A resolution recognizing and celebrating 100 years of quantum mechanics.

TN HJR0907

A RESOLUTION to celebrate Tennessee Tree Day.

TN SJR0428

A RESOLUTION to recognize and congratulate Chattanooga Employees Federal Credit Union on the occasion of its 100th anniversary.

TN HJR0995

A RESOLUTION to commend Tennessee credit unions for their support of the Tennessee Financial Literacy Commission.

TN HJR0089

A RESOLUTION to celebrate March 15, 2025, as "Tennessee Tree Day."

TN SR29

Resolution; recognizing and celebrating February as Black History Month.

TN SR0226

A RESOLUTION to honor the Tennessee Society Sons of the American Revolution on the celebration of its 135th anniversary.

TN HJR0905

A RESOLUTION to honor and congratulate Frances Ogeal Halfacre Webster on the celebration of her 100th birthday.

TN SR207

A resolution celebrating the 100th anniversary of the Grand Ole Opry.

TN SJR1203

A RESOLUTION to honor and congratulate Charles Edward Bottens on the celebration of his 100th birthday.

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AN ACT to amend Tennessee Code Annotated, Title 1; Title 2; Title 3; Title 4; Title 5; Title 7; Title 8; Title 9; Title 10; Title 11; Title 12; Title 13; Title 16; Title 20; Title 22; Title 24; Title 31; Title 33; Title 36; Title 38; Title 39; Title 40; Title 43; Title 44; Title 45; Title 47; Title 48; Title 49; Title 50; Title 53; Title 54; Title 55; Title 56; Title 61; Title 62; Title 63; Title 64; Title 65; Title 66; Title 67; Title 68; Title 69 and Title 71, relative to electronic transmissions.

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AN ACT to amend Tennessee Code Annotated, Title 1; Title 2; Title 3; Title 4; Title 5; Title 7; Title 8; Title 9; Title 10; Title 11; Title 12; Title 13; Title 16; Title 20; Title 22; Title 24; Title 31; Title 33; Title 36; Title 38; Title 39; Title 40; Title 43; Title 44; Title 45; Title 47; Title 48; Title 49; Title 50; Title 53; Title 54; Title 55; Title 56; Title 61; Title 62; Title 63; Title 64; Title 65; Title 66; Title 67; Title 68; Title 69 and Title 71, relative to electronic transmissions.

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AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 7; Title 8; Title 10; Title 33; Title 36; Title 37; Title 38; Title 39; Title 40; Title 49; Title 50; Title 57; Title 67; Title 68 and Title 70, relative to firearms.

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