Tennessee SB2682 amends state law to regulate investments by public officials, requiring divestment of certain assets.

Tennessee SB2682 amends Tennessee Code Annotated to regulate investments by public officials. It defines "covered investment" as direct or indirect investments in stocks, commodities, derivatives, funds, trusts, or plans, excluding diversified mutual funds, ETFs, treasury bonds, and retirement plans. The bill mandates that public officials and their spouses divest these covered investments or place them in a blind trust. Compliance is required by October 1, 2026, or within 90 days for newly elected or appointed officials.

Tennessee SB2682 amends state law to regulate investments by public officials, requiring divestment of certain assets.

Tennessee SB2682 amends Tennessee Code Annotated to regulate investments by public officials. It defines "covered investment" as direct or indirect investments in stocks, commodities, derivatives, funds, trusts, or plans, excluding diversified mutual funds, ETFs, treasury bonds, and retirement plans. The bill mandates that public officials and their spouses divest these covered investments or place them in a blind trust. Compliance is required by October 1, 2026, or within 90 days for newly elected or appointed officials.