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HB1567 • 2026

Sunset Laws

AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 29 and Title 9, Chapter 4, Part 5, relative to the collateral pool board.

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Lafferty, Jackson
Last action
2026-03-16
Official status
Comp. became Pub. Ch. 556
Effective date
Not listed

Plain English Breakdown

The official source does not specify the exact date after which the extension ends, but it is clear that the board's existence is extended to June 30, 2031.

Sunset Laws Extension

This bill extends the existence of the collateral pool board until June 30, 2031.

What This Bill Does

  • Removes a specific part from Tennessee Code Annotated, Section 4-29-247(a).
  • Adds a new section to Tennessee Code Annotated, Section 4-29-252(a), mentioning the collateral pool board.

Who It Names or Affects

  • The collateral pool board and its members.
  • State agencies that work with or are affected by the collateral pool board.

Terms To Know

Collateral Pool Board
A group created to manage certain financial assets for the state of Tennessee.

Limits and Unknowns

  • The bill does not specify what happens after June 30, 2031.
  • It is unclear how this extension will impact the board's operations or funding.

Bill History

  1. 2026-03-16 Tennessee General Assembly

    Comp. became Pub. Ch. 556

  2. 2026-03-16 Tennessee General Assembly

    Effective date(s) 03/06/2026

  3. 2026-03-16 Tennessee General Assembly

    Pub. Ch. 556

  4. 2026-03-06 Tennessee General Assembly

    Signed by Governor.

  5. 2026-02-25 Tennessee General Assembly

    Transmitted to Governor for action.

  6. 2026-02-24 Tennessee General Assembly

    Signed by H. Speaker

  7. 2026-02-23 Tennessee General Assembly

    Signed by Senate Speaker

  8. 2026-02-19 Tennessee General Assembly

    Comp. SB subst.

  9. 2026-02-19 Tennessee General Assembly

    Enrolled and ready for signatures

  10. 2026-02-19 Tennessee General Assembly

    Passed H., Ayes 94, Nays 0, PNV 0

  11. 2026-02-19 Tennessee General Assembly

    Subst. for comp. HB.

  12. 2026-02-12 Tennessee General Assembly

    H. Placed on Consent Calendar for 2/19/2026

  13. 2026-02-12 Tennessee General Assembly

    Rcvd. from S., held on H. desk.

  14. 2026-02-11 Tennessee General Assembly

    Placed on cal. Calendar & Rules Committee for 2/12/2026

  15. 2026-02-09 Tennessee General Assembly

    Engrossed; ready for transmission to House

  16. 2026-02-09 Tennessee General Assembly

    Passed Senate, Ayes 32, Nays 0

  17. 2026-02-06 Tennessee General Assembly

    Placed on Senate Consent Calendar 2 for 2/9/2026

  18. 2026-02-04 Tennessee General Assembly

    Recommended for passage, refer to Senate Calendar Committee

  19. 2026-02-02 Tennessee General Assembly

    Rec. for pass; ref to Calendar & Rules Committee

  20. 2026-01-28 Tennessee General Assembly

    Placed on cal. Government Operations Committee for 2/2/2026

  21. 2026-01-28 Tennessee General Assembly

    Placed on Senate Government Operations Committee calendar for 2/4/2026

  22. 2026-01-21 Tennessee General Assembly

    P2C, ref. to Government Operations Committee

  23. 2026-01-21 Tennessee General Assembly

    Placed on Senate Government Operations Committee calendar for 1/28/2026

  24. 2026-01-15 Tennessee General Assembly

    Intro., P1C.

  25. 2026-01-14 Tennessee General Assembly

    Passed on Second Consideration, refer to Senate Government Operations Committee

  26. 2026-01-13 Tennessee General Assembly

    Filed for introduction

  27. 2026-01-13 Tennessee General Assembly

    Introduced, Passed on First Consideration

  28. 2026-01-07 Tennessee General Assembly

    Filed for introduction

Official Summary Text

Abstract summarizes the bill.

Current Bill Text

Read the full stored bill text 
SENATE BILL 1508
By Jackson

HOUSE BILL 1567
By Lafferty
HB1567
010065
- 1 -

AN ACT to amend Tennessee Code Annotated, Title 4,
Chapter 29 and Title 9, Chapter 4, Part 5, relative
to the collateral pool board.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
SECTION 1. Tennessee Code Annotated, Section 4-29-247(a), is amended by deleting
subdivision (13).
SECTION 2. Tennessee Code Annotated, Section 4-29-252(a), is amended by inserting
the following as a new subdivision:
( ) Collateral pool board, created by § 9-4-506;
SECTION 3. This act takes effect upon becoming a law, the public welfare requiring it.