Real Property - As introduced, redesignates sanctioned foreign governmental and business entities and persons connected with such entities as foreign adversaries; restates the order in which proceeds from the sale of property acquired illegally are disbursed by requiring that the attorney general and bona fide lien holders be reimbursed from such proceeds prior to any remaining funds being paid to the restricted foreign entity; adds banks, credit unions, and those licensed by the department of financial institutions to the list of persons and entities that are exempt from liability under this part. - Amends TCA Title 66, Chapter 2.
Bill status
passed
3 of 5 stages cleared
Introduction
Feb 2024
Committee Review
Mar 2024
Senate Passage
Feb 2024
House Passage
Governor
Introduced Feb 1, 2024
Last action Mar 12, 2024
Floor votes
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
6
Key actions
3
Committee
3
Mar 12, 2024
Committee
Assigned to General Subcommittee of Senate Commerce and Labor Committee
upper
Mar 8, 2024
Upper · Passed
Placed on Senate Commerce and Labor Committee calendar for 3/12/2024
upper
Mar 6, 2024
Upper · Passed
Placed on Senate Commerce and Labor Committee calendar for 3/12/2024
upper
Feb 5, 2024
Upper · Passed
Passed on Second Consideration, refer to Senate Commerce and Labor Committee
upper
Feb 1, 2024
Introduced
Introduced, Passed on First Consideration
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Frank Niceley
RRepublican
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