Tennessee 2025-2026 Regular Session

Tennessee Senate Bill SB0838 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1
2	2	HOUSE BILL 415
3	3	By Davis
4	4
5	5	SENATE BILL 838
6	6	By Pody
7	7
8	8
9	9	SB0838
10	10	001620
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12	12
13	13	AN ACT to amend Tennessee Code Annotated, Title 4;
14	14	Title 9; Title 12; Title 45 and Title 47, relative to the
15	15	Tennessee advisory commission on
16	16	intergovernmental relations.
17	17
18	18	BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
19	19	WHEREAS, the United States is now facing and managing growing global competition
20	20	for resources and capital, including tariffs and trade wars, the growth of the BRICS alliance and
21	21	its increasing control on significant world resources, and developing payment systems that
22	22	operate outside the dollar system, the expansion of war and territorial disputes, and changes in
23	23	federal government funding and regulation; and
24	24	WHEREAS, the adaptation of new technologies creates new opportunities and risks, and
25	25	changes the fundamental economics of trade, impacting both what and how Tennessee imports
26	26	and exports; and
27	27	WHEREAS, increasing dependence on information technology creates growing
28	28	vulnerabilities for the functionality and reliability of electronic communications and payment
29	29	systems, and the commerce depending on them; and
30	30	WHEREAS, these changes and challenges have the potential to impact the wellbeing
31	31	and quality of life for the people of Tennessee, including increased prices and shortages of fuel
32	32	and electricity, food and water, housing, health care, and commodities; now, therefore,
33	33	BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
34	34	SECTION 1. The Tennessee advisory commission on intergovernmental relations
35	35	(TACIR) shall conduct and produce a study addressing steps that this state can take to protect
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37	37
38	38	- 2 - 001620
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40	40	its financial security and soundness and ensure state sovereignty and resiliency. The study
41	41	must address the following matters:
42	42	(1) Steps this state can take to improve its sourcing, availability, and quality of
43	43	food, oil, medicine, and other essential goods in the event of significant changes in its
44	44	relations with its current import and export partners;
45	45	(2) Steps this state can take to improve its sourcing, availability, and quality of
46	46	food, oil, medicine, and other essential goods in the event of significant price inflation;
47	47	(3) Steps this state can take to decrease its dependence on centralized financial,
48	48	communications, energy, and transportation systems that, in the event of disruption as
49	49	the result of natural disaster or change in the reliability of such systems, may jeopardize
50	50	the interests of state residents;
51	51	(4) How the state will conduct its financial transactions and related
52	52	communications in the event that transactions and communications conducted by
53	53	existing electronic means are interrupted, compromised, restricted, or subject to
54	54	unaffordable prices or sanctions;
55	55	(5) Steps this state should take to ensure it has proper oversight and jurisdiction
56	56	concerning its contractual obligations and relations with vendors, contractors, and other
57	57	trade contracts, as well as steps it can take to ensure that no agreements adopted for
58	58	public or private funding violate the Constitution of the State of Tennessee; and
59	59	(6) Opportunities to provide increased local and statewide supply of essential
60	60	goods, services, and capital for Tennessee-based banks, manufacturers, businesses,
61	61	and farms.
62	62	SECTION 2. On or before September 1, 2025, TACIR shall report its findings and
63	63	recommendations, including any proposed legislation, to each member of the general assembly
64	64	and shall provide a copy to the legislative librarian. The report may be delivered electronically.
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69	69	SECTION 3. This act takes effect upon becoming a law, the public welfare requiring it.