Financial Institutions, Dept. of - As introduced, reduces from 60 to 45 days, the time period following the end of each calendar year during which the commissioner must annually report to the governor. - Amends TCA Title 45.

SB 977 shortens the deadline for Tennessee's commissioner of financial institutions to submit an annual report to the governor. It reduces the reporting period from 60 days to 45 days after each calendar year ends. This change directly affects the commissioner's office by requiring them to complete this report 15 days faster each year. The bill amends Tennessee Code Annotated, Title 45, Section 45-1-119(a), with no other provisions or policy changes.