Banks and Financial Institutions - As introduced, reduces, from 60 days to 45 days, the time within which, after the end of the calendar year, the commissioner of financial institutions must submit the department's annual report to the governor. - Amends TCA Title 45.

SB 974 shortens the deadline for Tennessee's commissioner of financial institutions to submit the annual report to the governor, changing it from 60 days to 45 days after the end of the calendar year. This procedural change affects only the state's financial regulatory reporting process, specifically the commissioner's timeline. The bill amends Tennessee Code Annotated, Title 45, Section 45-1-119(a), without altering financial regulations or impacting banks or the public. It is a technical adjustment to administrative timing requirements.