TN SB1863

Bondsmen

Introduced Senate Jack Johnson (R)
Plain English Summary

AI summary is being generated. Check back soon for a plain-language breakdown of this bill.

Supporters Say

Positive media analysis is being generated.

Critics Say

Critical media analysis is being generated.

Conflict of Interest Analysis Personal Interests
7/10
Risk Level
High
Policy Area
Crime and Law Enforcement
Industry Overlap
33%
Personal Conflicts
6 found

The bill SB1863 requires bondsmen to file quarterly reports on the number of bonds issued, which directly impacts the securities and investment industry. The sponsor, Jack Johnson, has multiple financial interests in this area, particularly through his holdings in various investment funds such as the Fidelity Puritan Fund, Fidelity Contra Fund, and Vanguard Total Bond Market Fund. These interests suggest a potential for personal financial gain from legislation that could affect the performance of securities related to bonds and investments in the bondsman industry.

Additionally, Johnson's role as Vice President of Client Relations at CIGNA Healthcare, while not directly related to the bondsman industry, indicates a strong presence in the financial services sector. His ownership of a small business consulting firm and various investments further complicate the matter, as any favorable outcomes from the bill could indirectly benefit his financial portfolio. The alignment of his personal financial interests with the bill's subject matter raises concerns about potential conflicts of interest that could influence his legislative actions.

Sponsor's Personal Financial Interests

Unlike federal analysis based on campaign donations, state analysis examines legislators' personal financial interests — their jobs, businesses, and investments.

Type Description Industry Source
Occupation Vice President of Client Relations at a healthcare company AI-researched
Employer CIGNA Healthcare Health Services/HMOs TN Legislature bio
Business Owner Owner of a small business consulting firm AI-researched
Spouse Employer Owner of Johnson & Associates, a real estate company Real Estate AI-researched
Employer LFGS, LLC TN Ethics Commission
Employer COPART, INC. TN Ethics Commission
Employer BROWNING OIL COMPANY, INC. TN Ethics Commission
Business Owner BRIGHTSTONE BOARD MEMBER from Sep 2020 to current TN Ethics Commission
Asset FIDELITY PURITAN FUND Securities & Investment TN Ethics Commission
Asset FIDELITY CONTRA FUND Securities & Investment TN Ethics Commission
Asset FIDELITY OTC FUND Securities & Investment TN Ethics Commission
Asset VIRTUS NFS LARGE CAP FUND TN Ethics Commission
Asset COLUMBIA SELECT MID CAP FUND TN Ethics Commission
Asset JANUS ENTERPRISE FUND TN Ethics Commission
Asset FRANKLIN SMALL CAP FUND TN Ethics Commission
Asset DFA INTERNATIONAL VALUE FUND TN Ethics Commission
Asset BROWN CAPITAL SMALL COMPANY FUND TN Ethics Commission
Asset VANGUARD TOTAL BOND MARKET FUND Securities & Investment TN Ethics Commission
Asset VANGUARD INSTITUTIONAL INDEX FUND Securities & Investment TN Ethics Commission
Asset FIDELITY INTERNATIONAL DISCOVERY FUND Securities & Investment TN Ethics Commission
Asset COPART, INC TN Ethics Commission
Asset DODGE AND COX INCOME FUND TN Ethics Commission
Occupation Law, JUDGE TN Ethics Commission
Asset Leadership PAC: JACK PAC TN Ethics Commission

Items marked "AI-researched" are generated from public sources but have not been independently verified. Verified data is sourced from official legislature websites and disclosure filings.

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About This Analysis

This summary was generated using AI from the bill's official text and metadata. Data sourced from LegiScan and the Tennessee General Assembly. Conflict analysis examines the sponsor's personal financial interests for potential overlaps with the bill's subject matter.