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Committee gives positive recommendation to bill expanding commissioner authority on bank deposit insurance
2531665 · March 10, 2025
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Summary
House Bill 110 would authorize the Tennessee Commissioner of Financial Institutions to require state‑chartered banks to maintain deposit insurance and to set standards for those requirements; the committee advanced the bill 13–0 after agency representatives offered to answer questions.
House Bill 110 received a positive recommendation from the House Government Operations Committee on March 10 by a recorded vote of 13 ayes.
Sponsor Leader Cochran told the committee HB 110 would give the Tennessee Commissioner of Financial Institutions express authority to…
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