Business and Commerce - As enacted, revises law relative to commercial litigation financiers and litigation financing contracts. - Amends TCA Title 47.
SB 2101 amends Tennessee law (TCA Title 47, Section 47-16-103(c)) to extend the deadline for litigation financiers to update their registration with the Secretary of State from 30 to 35 days when their information changes or becomes inaccurate. This bill directly affects litigation financiers operating in Tennessee, who must register with the state. The key provision is a 5-day extension for submitting updated registration details, with no other substantive changes to the registration requirements. The bill is procedural and does not alter the underlying rules governing litigation financing.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 2, 2026
Last action May 26, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
18
Key actions
10
Committee
11
Apr 7, 2026
Upper · Passed
Recommended for passage with amendment/s, refer to Senate Calendar Committee Ayes 7, Nays 2 PNV 0
upper
Apr 1, 2026
Lower · Passed
Placed on Senate Commerce and Labor Committee calendar for 4/7/2026
lower
Mar 10, 2026
Lower · Passed
Action deferred in Senate Commerce and Labor Committee to 3/17/2026
lower
Mar 4, 2026
Lower · Passed
Placed on Senate Commerce and Labor Committee calendar for 3/10/2026
lower
Mar 3, 2026
Lower · Passed
Action deferred in Senate Commerce and Labor Committee to 3/10/2026
lower
Feb 24, 2026
Lower · Passed
Reset on Final calendar of Senate Commerce and Labor Committee
lower
Feb 24, 2026
Lower · Passed
Placed on Senate Commerce and Labor Committee calendar for 3/3/2026
lower
Feb 17, 2026
Lower · Passed
Action deferred in Senate Commerce and Labor Committee to 2/24/2026
lower
Feb 17, 2026
Lower · Passed
Placed on Senate Commerce and Labor Committee calendar for 2/24/2026
lower
Feb 10, 2026
Lower · Passed
Placed on Senate Commerce and Labor Committee calendar for 2/17/2026
lower
Feb 5, 2026
Committee
Passed on Second Consideration, refer to Senate Commerce and Labor Committee
upper
Feb 2, 2026
Introduced
Introduced, Passed on First Consideration
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Brent Taylor
RRepublican
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