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Bill

SB 2682

Public Officials - As introduced, requires certain public officials and their spouses to divest certain assets or place such assets in a blind trust by a date certain. - Amends TCA Title 2; Title 3; Title 4; Title 8 and Title 48.

114th Regular Session (2025-2026) Introduced by Sara Kyle

Tennessee bill requiring state public officials and spouses to divest conflicting assets or use blind trusts, amending multiple state codes to strengthen ethics requirements.

Placed on Senate State and Local Government Committee calendar for 3/25/2026
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Bill Summary · SB 2682

Legislative bill overview

SB 2682 mandates that certain Tennessee public officials and their spouses divest themselves of specific assets or place them in blind trusts within a designated timeframe. The bill amends multiple sections of Tennessee Code Annotated governing state officials, potentially affecting executives, legislators, and other public servants across various state departments and agencies.

Why is this important

Asset divestment and blind trust requirements are designed to prevent conflicts of interest and reduce the appearance that public officials might make decisions benefiting their personal financial holdings. This type of ethics legislation can affect recruitment and retention of public servants while simultaneously addressing public trust concerns about governmental decision-making.

Potential points of contention

  • Scope and coverage: Disagreement over which officials should be covered, which specific asset types trigger requirements, and whether spouses should face the same obligations
  • Implementation burden: Compliance costs for affected officials, timelines for divestment, and whether adequate blind trust mechanisms exist in practice
  • Constitutionality concerns: Questions about whether asset divestiture requirements constitute an undue taking or burden on officeholders' personal property rights

Compiled from official sources — confirm details with the bill’s official record.

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