Tennessee Senate Bill SB2455

Tennessee 2025-2026 Regular Session

• Introduced: 2/2/26

Caption

AN ACT to amend Tennessee Code Annotated, Title 45 and Title 47, relative to financial transactions.

Summary

SB2455 is a narrow amendment to Tennessee law governing financial transactions. The bill changes Tennessee Code Annotated, Section 45-2-1203(e)(2), by replacing the phrase “Five (5)” with “Ten (10),” thereby increasing a statutory threshold or limit referenced in that subsection. The bill does not add new regulatory programs or create new duties; it simply updates an existing numerical standard in the financial transactions code. Because the bill text is limited to a single amendment, its practical effect is to alter the operation of the affected provision in Title 45, and potentially related provisions in Title 47 if they cross-reference the same financial transaction framework. The change would apply statewide once enacted and would affect the parties and transactions governed by the underlying statute, though the bill text alone does not specify the exact substantive context of the threshold being raised.

Impact

SB2455 amends Tennessee Code Annotated, Section 45-2-1203(e)(2), by increasing a statutory amount from five to ten. This changes the legal standard in the affected financial-transaction provision and may expand the range of transactions or circumstances covered by that statute. The bill does not itself create a new cause of action, tax, fee, or licensing scheme, but it does modify existing state law governing financial transactions and any related compliance obligations tied to that numerical threshold.

Sentiment

There is no recorded committee discussion or voting history in the provided materials, so no direct evidence of support or opposition is available. Based on the bill text alone, the measure appears technical and noncontroversial, focused on a small statutory adjustment rather than a major policy change. The absence of transcripts or votes suggests there was no documented public debate in the supplied record.

Contention

No specific points of contention are identified in the available materials. The only substantive issue visible from the bill text is the increase of a statutory figure from five to ten, which could matter to regulated parties depending on the underlying financial transaction context. Without committee testimony or votes, it is not possible to attribute any objections or support to particular stakeholders.