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SB0590 • 2026

Campaigns and Campaign Finance

AN ACT to amend Tennessee Code Annotated, Title 2, Chapter 10; Title 2, Chapter 19; Title 3, Chapter 6; Title 4, Chapter 29; Title 4, Chapter 55 and Title 8, Chapter 50, Part 5.

Budget Elections
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Haile, Faison
Last action
2025-02-12
Official status
Passed on Second Consideration, refer to Senate State and Local Government Committee
Effective date
Not listed

Plain English Breakdown

Checked against official source text during the last sync.

Report on Digital Currency in Campaigns

This bill requires the registry of election finance to create and submit a report about digital currency contributions to political campaigns over the past five years.

What This Bill Does

  • Requires the registry of election finance to issue a report by September 1, 2025.
  • The report must cover how digital currency was used in campaign donations during the last five years.

Who It Names or Affects

  • Registry of Election Finance
  • Speakers of the Senate and House of Representatives
  • Legislative Librarian
  • Office of Legislative Budget Analysis

Terms To Know

Digital Currency
Money that exists only in electronic form, like Bitcoin or other cryptocurrencies.
Registry of Election Finance
The office responsible for tracking and reporting on money used in political campaigns.

Limits and Unknowns

  • Does not specify what actions should be taken based on the report.
  • It does not change how digital currency is currently handled in campaign finance.

Bill History

  1. 2025-02-12 Tennessee General Assembly

    Passed on Second Consideration, refer to Senate State and Local Government Committee

  2. 2025-02-10 Tennessee General Assembly

    Introduced, Passed on First Consideration

  3. 2025-02-06 Tennessee General Assembly

    P2C, caption bill, held on desk - pending amdt.

  4. 2025-02-05 Tennessee General Assembly

    Intro., P1C.

  5. 2025-02-04 Tennessee General Assembly

    Filed for introduction

  6. 2025-01-30 Tennessee General Assembly

    Filed for introduction

Official Summary Text

Abstract summarizes the bill.

Current Bill Text

Read the full stored bill text 
HOUSE BILL 916
By Faison

SENATE BILL 590
By Haile

SB0590
000889
- 1 -

AN ACT to amend Tennessee Code Annotated, Title 2,
Chapter 10; Title 2, Chapter 19; Title 3, Chapter 6;
Title 4, Chapter 29; Title 4, Chapter 55 and Title 8,
Chapter 50, Part 5.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
SECTION 1. Tennessee Code Annotated, Section 2-10-113, is amended by adding the
following as a new subdivision:
(d) By September 1, 2025, the registry of election finance shall issue a report to
the speaker of the senate, the speaker of the house of representatives, the legislative
librarian, and the office of legislative budget analysis on the use of digital currency being
contributed to candidates and political campaign committees throughout the last five (5)
years.
SECTION 2. This act takes effect upon becoming a law, the public welfare requiring it.