Public Officials - As introduced, requires certain public officials and their spouses to divest certain assets or place such assets in a blind trust by a date certain. - Amends TCA Title 2; Title 3; Title 4; Title 8 and Title 48.
HB 2462 requires Tennessee governors, state legislators, and U.S. congressional representatives (and their spouses) to either sell or place certain investments - like stocks, commodities, or non-diversified funds - in a blind trust by October 1, 2026 (or within 90 days of taking office for new officials). It excludes diversified mutual funds, ETFs, treasury bonds, and retirement plan investments from this requirement. Officials must submit proof of compliance to the commissioner and secretary of state, with potential $1,000 daily fines for non-compliance. The bill aims to prevent conflicts of interest by separating public officials’ personal finances from investments that could be influenced by their duties.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 4, 2026
Last action Mar 25, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
12
Key actions
8
Committee
10
Mar 25, 2026
Lower · Passed
Action Def. in s/c Public Service Subcommittee to First Calendar of 2027
lower
Mar 18, 2026
Lower · Passed
Action Def. in s/c Public Service Subcommittee to 3/25/2026
lower
Mar 18, 2026
Lower · Passed
Placed on s/c cal Public Service Subcommittee for 3/25/2026
lower
Mar 11, 2026
Lower · Passed
Action Def. in s/c Public Service Subcommittee to 3/18/2026
lower
Mar 11, 2026
Lower · Passed
Placed on s/c cal Public Service Subcommittee for 3/18/2026
lower
Mar 4, 2026
Lower · Passed
Placed on s/c cal Public Service Subcommittee for 3/11/2026
lower
Feb 18, 2026
Lower · Passed
Action Def. in s/c Public Service Subcommittee to 3/11/2026
lower
Feb 11, 2026
Lower · Passed
Placed on s/c cal Public Service Subcommittee for 2/18/2026
lower
Feb 5, 2026
Committee
P2C, ref. to State & Local Government Committee - Government Operations for Review
lower
Feb 5, 2026
Committee
Assigned to s/c Public Service Subcommittee
lower
Feb 4, 2026
Introduced
Intro., P1C.
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Justin Pearson
DDemocratic
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