SB 824 - HB 985 FISCAL NOTE Fiscal Review Committee Tennessee General Assembly March 22, 2025 Fiscal Analyst: John Jenkins | Email: john.jenkins@capitol.tn.gov | Phone: 615-741-2564 SB 824 - HB 985 SUMMARY OF BILL: Deletes the offense of unlawfully possessing a weapon on property that is posted to prohibit such possession in accordance with the law. Removes requirements to post certain signage in specific prominent places on a building or property in order to restrict or prohibit the possession of firearms on the premises. Replaces such requirements with a general authorization for an individual or private or governmental entity to post signage in prominent locations advising patrons that anyone possessing a firearm on the premises may be denied admission onto the premises, or required to leave the premises by the owner or manager. Removes the penalty of revocation of a handgun carry permit for a violation of unlawfully possessing a weapon on posted property or failing to notify the Department of Safety (DOS) within 60 days of any change in a permit holders principal place of residence. Deletes the offense of a handgun permit holder failing to notify the DOS within 60 days of any change in the permit holders principal place of residence. FISCAL IMPACT: NOT SIGNIFICANT Assumptions: • Pursuant to Tenn. Code Ann. § 39-17-1359(c), it is an offense to possess a weapon in a building or on property that is properly posted in accordance with current law. A violation is a Class B misdemeanor punishable by fine only of $500. The legislation deletes this offense. • Pursuant to Tenn. Code Ann. § 39-17-1357(a), a handgun permit holder must notify the DOS of a change in the permit holder’s principal place of address within 60 days. Pursuant to Tenn. Code Ann. § 39-17-1358(b), a violation of this requirement is punishable by a fine only not to exceed $500. The legislation deletes this penalty. • Because the relevant offenses are punishable by a fine only, there will be no fiscal impact related to incarceration from removing these offenses or penalties. • Based on the Fiscal Review Committee’s 2008 study and the Administrative Office of the Courts’ 2012 study on collection of court costs, fees, and fines, collection in criminal cases is insignificant; therefore, any decrease in local revenue from fines is estimated to be not significant. • Pursuant to Tenn. Code Ann. § 39-17-1352(a)(6) a handgun permit holder can have their permit revoked for unlawful carrying on a posted property or failing to notify the DOS of a SB 824 - HB 985 2 change in the permit holder’s principal place of address within 60 days. The legislation deletes this penalty. • There is no cost to the DOS to revoke a handgun carry permit. Any potential increase in revenue to the DOS related to an increase in permit renewals from those that would currently be subject to revocation, but under the legislation will not, is estimated to be not significant. • The proposed provisions related to signage requirements to prohibit weapons on a property are not interpreted to substantively change current law. The individual or entity that owns or controls the property will still be authorized to post signage and restrict firearms possession on the premises. It simply reduces the regulations regarding the posting of such signage. • Any public entity that has signs posted according to current law and wishes to continue to restrict possession of firearms, will presumably keep the current signs in place. Any fiscal impacts to state or local government related to signage is estimated to be not significant. • Any fiscal impact to state or local government is estimated to be not significant. CERTIFICATION: The information contained herein is true and correct to the best of my knowledge. Bojan Savic, Executive Director