Banks and Financial Institutions - As introduced, increases, from 60 to 70 days, the time within which, after the end of the calendar year, the commissioner of financial institutions must submit the department's annual report to the governor. - Amends TCA Title 9; Title 35; Title 42; Title 43; Title 44; Title 45; Title 46; Title 47; Title 48; Title 49; Title 50; Title 53; Title 55; Title 56; Title 57; Title 59; Title 60; Title 61; Title 62; Title 63; Title 64; Title 65; Title 66; Title 67 and...

Summary

HB 1929 changes Tennessee law so the commissioner of financial institutions must deliver the department’s yearly report to the governor within seventy days after the calendar year ends, instead of sixty. The amendment applies to all commercial activities covered by the many titles of the Tennessee Code that reference this reporting deadline. The change gives the department a slightly longer window to compile and submit the report.

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