Amends TCA Title 47.
Tennessee SB2071 prohibits individuals from mandating the use of programmable money for transactions and prevents issuers of programmable money from denying transactions based on specific factors. It requires issuers to provide reasons for any transaction denial upon request and classifies violations as breaches of the Consumer Protection Act of 1977, allowing for various forms of relief and enforcement. This bill affects consumers and issuers of programmable money in Tennessee.
Tennessee SB2071 prohibits individuals from mandating the use of programmable money for transactions and prevents issuers of programmable money from denying transactions based on specific factors. It requires issuers to provide reasons for any transaction denial upon request and classifies violations as breaches of the Consumer Protection Act of 1977, allowing for various forms of relief and enforcement. This bill affects consumers and issuers of programmable money in Tennessee.
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Watson, Bo
114th General Assembly
January 22, 2026
April 7, 2026
Assigned to General Subcommittee of Senate Commerce and Labor Committee