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Tennessee HouseSB 2641

Public Funds and Financing - As enacted, revises law relative to pension plans and proxy advisors. - Amends TCA Title 9, Chapter 4. Companion bill has been assigned Public Chapter Number 986 by the Secretary of State.

Passed 67–24Party-line

What it does: Present law gives the state treasurer the sole authority to exercise all voting rights with respect to securities held by a program and to give general or special proxies or powers of attorney with or without the power of substitution. Such authority must be exercised for financial reasons, impartially and solely in the interests of the beneficiaries of the program. (official summary)

Question before the chamber: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION

Read the official record ↗

The tally

Yes 67 · No 24 · Not voting 7

Bar: green = yes, brown = no, striped = not voting.

Votes by party
PartyYesNoNot voting
Democrats0221
Republicans6726

Most Democrats voted no; most Republicans voted yes. 2 members voted against their party’s majority.

Voted against their party’s majority

The full roll (98)

“Not voting” is a recorded non-vote, not a reason for the absence. Parties come from public rosters; how we count.