Immigration - As introduced, requires a financial institution to verify the immigration status of a person sending funds electronically outside of the United States and its territories; changes the definition of resident or citizen of this state to mean citizens of the United States and aliens lawfully present in this state; requires the parent, guardian, or legal custodian of a pupil who is not lawfully residing in this state, but who attends a public school in this state, to pay tuition. - Amends TCA Title 1; Title 4; Title 7; Title 45 and Title 49.

SB 268 requires Tennessee financial institutions to verify the immigration status of individuals sending money overseas using government-issued ID (like driver’s licenses or passports). It redefines "resident" to include only U.S. citizens and immigrants lawfully present in Tennessee, verified through two specific ID types. The bill also mandates that parents or guardians of students not lawfully residing in Tennessee must pay public school tuition, similar to out-of-county fees. These changes apply to banks, credit unions, and other financial entities operating in the state.