Tennessee Senate Bill SB0768

Tennessee 2025-2026 Regular Session

• Introduced: 2/4/25

Caption

AN ACT to amend Tennessee Code Annotated, Title 4; Title 39; Title 47; Title 48; Title 62 and Title 63, relative to businesses.

Summary

SB0768 makes a narrow change to Tennessee business corporation law by moving a statutory deadline in Tennessee Code Annotated § 48-101-629(b) from January 1 to January 15 wherever that date appears. The bill does not create a new program or regulatory scheme; instead, it adjusts an existing filing or compliance deadline for businesses under Title 48, which governs corporations and related business entities. Because the bill is limited to a date change, its practical effect is to give affected businesses and any administering state offices an additional two weeks to meet the deadline referenced in the statute. The act takes effect immediately upon becoming law, reflecting a legislative intent to implement the deadline adjustment without delay.

Impact

The bill amends one provision in Tennessee’s business corporation statutes, specifically Tennessee Code Annotated § 48-101-629(b), by extending a deadline from January 1 to January 15. This change affects businesses subject to the referenced filing or compliance requirement and may also affect the state agencies that process or enforce that deadline. No other substantive provisions, penalties, or regulatory requirements are changed.

Sentiment

The available record shows no committee debate, votes, or recorded opposition, so there is no documented controversy or support narrative beyond the bill’s passage as introduced. The measure appears administrative and technical in nature, which typically suggests a low-conflict bill focused on deadline alignment rather than policy change.

Contention

No specific points of contention are documented in the provided materials. If any concerns existed, they would most likely relate to whether the extra time benefits businesses by easing compliance or whether it could delay state processing or enforcement, but no speaker or vote record is available to confirm any such disagreement.