Tennessee · 114
HB 2502
Banks and Financial Institutions - As enacted, clarifies that the service of transmitting money from a location originating in this state to a location outside of the United States or its territories is a taxable service and that such a tax is generally levied on the amount of money transmitted; requires revenues generated from such a tax to be allocated to certain funds and purposes. - Amends TCA Title 4; Title 38; Title 39; Title 45; Title 47; Title 49 and Title 67.
Bill record: Open States bulk CSV (bills/votes) CC0-1.0
Summary AI-generated
HB 2502 clarifies that transmitting money from Tennessee to locations outside the United States or its territories constitutes a taxable service, with the tax generally levied on the transmitted amount. The bill requires revenues from this tax to be allocated to specific funds and purposes. It amends multiple sections of the Tennessee Code Annotated, including Titles 4, 38, 39, 45, 47, 49, and 67.
Software-generated, grounded only in the bill's own fields (it does not invent outcomes, amounts, or dates). Provenance: Open States bulk CSV (bills/votes) CC0-1.0 GovTally LLM enrichment (local oMLX)
Issue tags AI-classified
Classified by a local model from the bill's text; confidence shown. GovTally LLM enrichment (local oMLX)
Sponsors
- Cameron Sexton Republican lead
Roll-call votes on this bill
| Question | Chamber | Result | Yea | Nay | Other | Date | Source |
|---|---|---|---|---|---|---|---|
| FLOOR VOTE: MESSAGE CALENDAR CONCUR IN SENATE AMENDMENT # 2 4/22/2026 Passed (1) | lower | pass | 0 | 0 | 2 | Apr 22, 2026 | Open States bulk CSV (bills/votes) CC0-1.0 |
| FLOOR VOTE: as Amended Third Consideration 4/16/2026 Passed (1) | upper | pass | 0 | 0 | 0 | Apr 16, 2026 | Open States bulk CSV (bills/votes) CC0-1.0 |
| HOUSE CALENDAR & RULES COMMITTEE: H. Placed on Regular Calendar for 4/9/2026… | lower | fail | 0 | 0 | 0 | Apr 9, 2026 | Open States bulk CSV (bills/votes) CC0-1.0 |
| FLOOR VOTE: REGULAR CALENDAR PREVIOUS QUESTION AS AMENDED PASSAGE ON THIRD… | lower | pass | 0 | 0 | 0 | Apr 9, 2026 | Open States bulk CSV (bills/votes) CC0-1.0 |
| FLOOR VOTE: REGULAR CALENDAR AS AMENDED PASSAGE ON THIRD CONSIDERATION 4/9/2026… | lower | pass | 0 | 0 | 3 | Apr 9, 2026 | Open States bulk CSV (bills/votes) CC0-1.0 |
| HOUSE FINANCE, WAYS, AND MEANS COMMITTEE: Rec. for pass; ref to Calendar &… | lower | pass | 0 | 0 | 3 | Mar 31, 2026 | Open States bulk CSV (bills/votes) CC0-1.0 |
| HOUSE FINANCE, WAYS, AND MEANS SUBCOMMITTEE: Rec. for pass by s/c ref. to… | lower | pass | 0 | 0 | 0 | Mar 25, 2026 | Open States bulk CSV (bills/votes) CC0-1.0 |
| HOUSE COMMERCE COMMITTEE: Rec. for pass. if am., ref. to Finance, Ways, and… | lower | pass | 0 | 0 | 0 | Mar 18, 2026 | Open States bulk CSV (bills/votes) CC0-1.0 |
| HOUSE BANKING AND CONSUMER AFFAIRS SUBCOMMITTEE: Rec for pass if am by s/c ref… | lower | pass | 0 | 0 | 0 | Mar 11, 2026 | Open States bulk CSV (bills/votes) CC0-1.0 |