Tennessee House Bill HB0240

Tennessee 2025-2026 Regular Session

• Introduced: 1/21/25
• Refer: 2/3/25
• Refer: 2/10/25
• Engrossed: 2/20/25
• Enrolled: 2/25/25
• Passed: 3/14/25
• Chaptered: 3/24/25

Caption

AN ACT to amend Tennessee Code Annotated, Title 3, Chapter 9 and Title 4, Chapter 29, relative to the council on pensions.

Impact

The impact of HB 240 is expected to refine the governance surrounding pension regulations in Tennessee. By eliminating outdated language and updating the framework for the council on pensions, the bill could contribute to better management of pension-related matters. This is particularly relevant in the context of ensuring that pensioners receive the benefits they are entitled to in a timely and efficient manner, reflecting a commitment to uphold the welfare of retirees in the state.

Summary

House Bill 240 seeks to amend the Tennessee Code Annotated by making specific changes related to the council on pensions. The amendments primarily focus on redefining the structure and mandates of the council, aiming to enhance its operational efficiency. The bill effectively deletes certain subdivisions that may have been deemed outdated or redundant and introduces new provisions that streamline the council's responsibilities.

Sentiment

The sentiment around HB 240 appears to be generally positive, with agreement among lawmakers regarding the necessity for modernization in the governance of pensions. There is an underlying recognition of the importance of maintaining clear and effective regulations for managing pensions, which has led to a lack of notable opposition to the amendments. The focus remains on ensuring that the council operates effectively without unnecessary bureaucratic hurdles.

Contention

While there seems to be broad support for HB 240, the potential for contention could arise if any amendments lead to significant changes in how pensions are managed at local levels. Lawmakers and stakeholders may raise concerns if particular provisions adversely affect pension beneficiaries or if the council's restructuring leads to decreased transparency. Ensuring stakeholder engagement during the implementation phase will be critical to avert any disputes.