Public Funds and Financing - 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.

{"id": "ocd-bill/09a89a3e-f926-424c-8b5d-e26ac9decf9a", "session": "114", "jurisdiction": {"id": "ocd-jurisdiction/country:us/state:tn/government", "name": "Tennessee", "classification": "state"}, "from_organization": {"id": "ocd-organization/d4c442c8-d4d7-4ea9-a3fd-b856b2904d8b", "name": "Senate", "classification": "upper"}, "identifier": "SB 2641", "title": "Public Funds and Financing - 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.", "classification": ["bill"], "subject": ["Public Funds and Financing"], "extras": {}, "created_at": "2026-02-03T07:50:26.361314+00:00", "updated_at": "2026-05-22T03:56:41.826325+00:00", "openstates_url": "https://openstates.org/tn/bills/114/SB2641/", "first_action_date": "2026-02-02", "latest_action_date": "2026-05-19", "latest_action_description": "Signed by Governor.", "latest_passage_date": "2026-05-07"}