Banks and Financial Institutions - As enacted, clarifies that the service of transmitting money from a location originating in this state to a location outside of the United States or its territories is a taxable service and that such a tax is generally levied on the amount of money transmitted; requires revenues generated from such a tax to be allocated to certain funds and purposes. - Amends TCA Title 4; Title 38; Title 39; Title 45; Title 47; Title 49 and Title 67.

Introduced

In Committee

Floor

Crossed Over

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Enacted

Overview Bill text 4 Compare versions History 16 Sponsors

No summary has been published for this bill. The full text is on the Bill text tab.

Chamber: Senate
Introduced: Feb 2, 2026
Last action: May 27, 2026 — Comp. became Pub. Ch. 1035
Session: 114
Momentum: 34 · Low

PASSAGE PROBABILITY

28.4% Uncertain

Why this number

Stage base In Committee — base rate 51%, measured from TN's completed sessions
Momentum -4 34/100 from the pace of recorded action
Time since last action -19 136 days quiet

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