Tennessee bills · 114th Regular Session (2025-2026)
Tennessee HB 908
Interest Rates - As enacted, removes the weighted average yield of the accepted offers of the Federal National Mortgage Association's current free market system auction and the 30-year treasury yield as the two bases upon which the maximum effective rate of interest on home loans may be set by the commissioner of financial institutions, and replaces them with the average prime offer rate. - Amends TCA Title 45 and Title 47.
- Introduced
- In committee
- Passed House
- Passed Senate
- To Governor
- Became law
Sponsors
- Garrett (Republican)
Summary
No official summary is available for this bill.
Latest action(Apr 28, 2025): Pub. Ch. 290
Text versions
Roll-call votes
State vote data last updated Oct 15, 2026, 4:19 PM.
| Date | Vote | Result | Your legislators |
|---|---|---|---|
| Apr 7, 2025 Senate | FLOOR VOTE: Third Consideration 4/7/2025 Passed (1) | pass | Set your home in Tennessee to see |
| Mar 27, 2025 House | FLOOR VOTE: MOTION TO RECALL FROM SENATE 3/27/2025 Failed | fail | Set your home in Tennessee to see |
| Mar 3, 2025 House | HOUSE CALENDAR & RULES COMMITTEE: H. Placed on Consent Calendar for 3/3/2025 2/27/2025 (2) | fail | Set your home in Tennessee to see |
| Mar 3, 2025 House | FLOOR VOTE: CONSENT CALENDAR PASSAGE ON THIRD CONSIDERATION 3/3/2025 Passed (1) | pass | Set your home in Tennessee to see |
| Feb 26, 2025 House | HOUSE COMMERCE COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee 2/26/2025 Passed (3) | pass | Set your home in Tennessee to see |
| Feb 19, 2025 House | HOUSE BANKING AND CONSUMER AFFAIRS SUBCOMMITTEE: Rec. for pass by s/c ref. to Commerce Committee 2/19/2025 Passed (4) | pass | Set your home in Tennessee to see |
Actions
- Apr 28, 2025 · House
Pub. Ch. 290 - Apr 28, 2025 · House
Effective date(s) 07/01/2025 - Apr 24, 2025 · House
Signed by Governor. - Apr 16, 2025 · House
Transmitted to Governor for his action. - Apr 14, 2025 · Senate
Signed by Senate Speaker - Apr 10, 2025 · House
Signed by H. Speaker - Apr 8, 2025 · House
Enrolled; ready for sig. of H. Speaker. - Apr 7, 2025 · Senate
Passed Senate, Ayes 24, Nays 5, PNV 1 - Apr 4, 2025 · House
Placed on Senate Regular Calendar for 4/7/2025 - Mar 20, 2025 · House
Senate Reset on calendar for 4/7/2025 - Mar 18, 2025 · House
Placed on Senate Regular Calendar for 3/20/2025 - Mar 17, 2025 · House
Senate substituted House Bill for companion Senate Bill. - Mar 17, 2025 · House
Senate Reset on calendar for 3/20/2025 - Mar 6, 2025 · House
Received from House, Passed on First Consideration - Mar 4, 2025 · House
Engrossed; ready for transmission to Sen. - Mar 3, 2025 · House
Passed H., Ayes 90, Nays 0, PNV 0 - Feb 27, 2025 · House
H. Placed on Consent Calendar for 3/3/2025 - Feb 26, 2025 · House
Rec. for pass; ref to Calendar & Rules Committee - Feb 26, 2025 · House
Placed on cal. Calendar & Rules Committee for 2/27/2025 - Feb 19, 2025 · House
Rec. for pass by s/c ref. to Commerce Committee - Feb 19, 2025 · House
Placed on cal. Commerce Committee for 2/26/2025 - Feb 12, 2025 · House
Placed on s/c cal Banking & Consumer Affairs Subcommittee for 2/19/2025 - Feb 10, 2025 · House
Assigned to s/c Banking & Consumer Affairs Subcommittee - Feb 6, 2025 · House
P2C, ref. to Commerce Committee - Feb 5, 2025 · House
Intro., P1C. - Feb 4, 2025 · House
Filed for introduction