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.

{"id": "ocd-bill/c74a8568-4795-405e-86c6-e4f304de68f1", "session": "114", "jurisdiction": {"id": "ocd-jurisdiction/country:us/state:tn/government", "name": "Tennessee", "classification": "state"}, "from_organization": {"id": "ocd-organization/47760e16-8071-49dd-bd9f-354198c8b653", "name": "House", "classification": "lower"}, "identifier": "HB 2502", "title": "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.", "classification": ["bill"], "subject": ["Banks and Financial Institutions"], "extras": {}, "created_at": "2026-02-04T08:06:19.577825+00:00", "updated_at": "2026-07-14T21:52:00.311797+00:00", "openstates_url": "https://openstates.org/tn/bills/114/HB2502/", "first_action_date": "2026-02-03", "latest_action_date": "2026-05-27", "latest_action_description": "Pub. Ch. 1035", "latest_passage_date": "2026-05-05"}