Tennessee House Bill 2476: Public Funds and Financing - As enacted, revises law relative to pension plans and proxy advisors. - Amends TCA Title 9, Chapter 4.

Tennessee · 114 session

Status: Introduced

What it does

As introduced, requires persons who administer retirement programs established by local governmental entities to invest, reinvest, manage, and select investment options for program assets for financial reasons, excluding environmental, social, and governance interests; requires a fiduciary who renders investment advice and votes shares with respect to certain public programs, including TCRS and non-TCRS retirement programs, to conduct an economic analysis demonstrating the person's vote is for financial reasons. - Amends TCA Title 9, Chapter 4.

Latest action

Comp. became Pub. Ch. 986 (2026-05-27)

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