Consumer Protection - As introduced, prohibits electric utilities and high performance computing centers in this state from using transformers, parts, or equipment manufactured or sold by entities owned or controlled by foreign adversaries to support any part of their operations; requires such utilities and centers to report to the comptroller of the treasury; makes related changes. - Amends TCA Title 4; Title 7; Title 8; Title 47, Chapter 18; Title 65 and Title 68.

HB 2464 prohibits Tennessee electric utilities and high-performance computing (HPC) facilities from using transformers, parts, or equipment manufactured or sold by entities owned or controlled by "foreign adversaries" (as defined by federal regulations). The bill requires these entities to annually report equipment sources to the state comptroller, conduct internal compliance audits, and submit findings by March 1 each year. The comptroller must post all reports and audit results publicly by October 1. Violations trigger 30-day compliance notices, potential license suspension by local governments, and civil penalties of up to $25,000 per violation.