Amends TCA Title 4; Title 9; Title 45; Title 47 and Title 56.

Tennessee SB0487 amends various sections of the Tennessee Code Annotated (TCA) related to financial institutions, specifically addressing how they determine the provision or denial of services based on customer characteristics. The bill affects financial institutions by expanding the definition of "financial institution" to include those with over $50 billion in assets, down from $100 billion, and prohibits discrimination based on political opinions, religious beliefs, and other non-quantitative factors. Key provisions include requirements for financial institutions to provide detailed explanations for service denials and to adhere to risk-based standards in their decision-making processes.