Banks and Financial Institutions - As enacted, extends, from one to two business days following receipt of a garnishment, the period of time within which a garnishee must determine whether the garnishee possesses or controls money or property of the judgment debtor, place a hold on any available funds, and furnish to the judgment debtor a copy of the garnishment summons and the notice to judgment debtor; makes other changes related to banking. - Amends TCA Title 26; Title 45 and Title 47.

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Overview Bill text 3 Compare versions History 15 Sponsors

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Chamber: House
Introduced: Feb 3, 2025
Last action: Apr 30, 2025 — Comp. became Pub. Ch. 174
Session: 114
Momentum: 45 · Moderate

PASSAGE PROBABILITY

45.4% Uncertain

Why this number

Stage base Reported from Committee — base rate 69%, measured from TN's completed sessions
Momentum -1 45/100 from the pace of recorded action
Time since last action -22 533 days quiet

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