Tennessee Legislation Service (c) 2007 M. Lee Smith Publishers
Thursday, April 5, 2007 |
BANKING & CREDIT |
SB 1562*
HB 2133
(Full Text) |
Sanctions against deferred presentment services. Specifies that deferred presentment establishments have 30 days to appeal sanctions imposed against them by commissioner of financial institutions. Also specifies that no civil penalties are due until the 30-day period has expired and no appeal has been filed. Permits commissioner to suspend the operation of a licensee until the civil penalty is satisfied in full. (S: Herron; H: Fitzhugh)
Senate Status: Referred to Senate Commerce, Labor & Agriculture.
House Status: Referred to House Commerce Utilities & Banking Subcommittee. |
SB 2180
HB 2238*
(Full Text) |
Licensure of check cashing businesses revised. Deletes licensed money transmitters and registered industrial loan and thrift companies from those excluded from Check Cashing Act; allows those entities to continue cashing payment instruments without a license until the commissioner of financial institutions has acted on such entities' application if the application was made before December 31, 2007. (S: Kyle; H: Pitts)
Senate Co-Sponsor: Finney L.
House Co-Sponsor: Odom
Senate Status: Senate passed 03/26/2007.
House Status: House Budget Subcommittee recommended 04/04/2007. Referred to House Finance. |
COMMERCIAL LAW |
SB 0936
HB 0592*
(Full Text) |
Worthless check collections clarified. Removes the requirement that a person paid with a worthless check must choose whether to pursue the claim on the check under either the civil or the criminal provision. Applies the inferred fraudulent intent standard in the criminal provision to the civil provision. (S: Burks; H: Fincher)
Senate Status: Senate Commerce, Labor & Agriculture deferred to 04/17/2007.
House Status: House Civil Practice Subcommittee deferred to 04/10/2007. |
LABOR LAW |
SB 0036*
HB 0023
(Full Text) |
TN Minimum Wage Act. Increases state minimum wage to $6.15 per hour except for tipped employees. Increases hourly wage for tipped employees to $3.13. (S: Jackson; H: Shepard)
Senate Status: Senate Commerce, Labor & Agriculture deferred to 04/03/2007.
House Status: Referred to House Government Operations. |
LOTTERY |
SB 2018
HB 1795*
(Full Text) |
Prohibits sale of lottery tickets at certain businesses. Prohibits the sale of lottery tickets or shares at any business holding a license or permit for on-premises consumption of alcohol or beer. (S: Burchett; H: McCord)
Senate Status: Failed in Senate State & Local Government 04/03/2007.
House Status: Referred to House State Government Subcommittee. |
TAXES BUSINESS |
SB 0690*
HB 0768
(Full Text) |
Tax on money orders by non-citizens. Imposes 25% tax on checks, drafts, warrants, money orders, traveler's checks, or other financial instruments purchased by non-US citizens. (S: Bunch; H: Campfield)
Senate Status: Taken off notice in Senate Commerce, Labor & Agriculture 02/26/2007.
House Status: Referred to House Commerce Utilities & Banking Subcommittee. |