Tennessee Senate · Mar 11, 2025
SENATE COMMERCE AND LABOR COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 3/11/2025 Passed (1)
Result: pass
SB 749: 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.
State vote data last updated Oct 16, 2026, 8:07 AM.
Totals
| Yea | Not voting | Nay | |
|---|---|---|---|
| Democratic | 1 | 1 | 0 |
| Republican | 6 | 0 | 0 |
| Total | 7 | 1 | 0 |
Party rows count only voters matched to a legislator.
All voters
| Legislator | Position |
|---|---|
| Raumesh Akbari(Democratic) | Not voting |
| Paul Bailey(Republican) | Yea |
| Gloria Johnson(Democratic) | Yea |
| Lee Reeves(Republican) | Yea |
| Steve Southerland(Republican) | Yea |
| Robert Stevens(Republican) | Yea |
| Bo Watson(Republican) | Yea |
| Ken Yager(Republican) | Yea |