Financial Institutions, Dept. of - As introduced, increases, from November 1 to December 31 to October 15 to December 31, the time frame during which a licensee under the Money Transmission Modernization Act must pay the annual nonrefundable supervision fee and submit its annual renewal report to the department. - Amends TCA Title 38; Title 45 and Title 67, Chapter 6.

SB 410 changes the deadline for money transmitters in Tennessee to pay an annual fee and submit renewal reports. It moves the deadline from November 1 to October 15 for the annual nonrefundable supervision fee and renewal report under the Money Transmission Modernization Act. This affects financial institutions licensed to operate money transmission services in Tennessee. The bill amends Tennessee Code Sections 45-7-116(a)(2) and 45-7-116(b) to reflect the new dates. The change simplifies timing for licensees but does not alter the fee amount or reporting requirements.