TN SB2641The bill amends existing laws regarding pension plans and the role of proxy advisors in Tennessee. It aims to clarify regulations related to how pension funds can invest and the guidance they receive from proxy advisory firms. This change is intended to improve the management and oversight of pension investments.
TN SB2641 is a senate bill in the Tennessee 114th General Assembly, sponsored by Kerry Roberts (R), currently “Passed” since May 27, 2026.
We track 9,160 Tennessee bills this session, 124 of them sponsored by Kerry Roberts.
Supporters of the bill argue that it enhances the accountability and efficiency of pension fund management in Tennessee. They believe it empowers pension plans to make more informed investment decisions by ensuring that proxy advisors provide reliable and relevant advice.
Critics contend that the bill could limit the influence of proxy advisors, potentially undermining the interests of pension fund beneficiaries. They worry that it may lead to less transparency and accountability in how pension funds are managed, ultimately affecting the financial security of retirees.
The analysis of SB2641, which pertains to pension plans and proxy advisors, reveals no direct overlaps between Senator Kerry Roberts' personal financial interests and the bill's subject matter. As a Certified Public Accountant and owner of a CPA firm, his professional background may provide him with insights into financial regulations; however, there is no indication that he has a personal financial stake in pension plans or proxy advisory services that would benefit from this legislation. Furthermore, his roles on various boards and as a business owner do not suggest a direct financial gain from the amendments proposed in this bill. Therefore, the potential for conflict of interest appears minimal.
Unlike federal analysis based on campaign donations, state analysis examines legislators' personal financial interests — their jobs, businesses, and investments.
| Type | Description | Industry | Source |
|---|---|---|---|
| Occupation | Certified Public Accountant | — | AI-researched |
| Employer | Owner of a CPA firm | — | AI-researched |
| Business Owner | Owner of a CPA firm | — | AI-researched |
| Board Member | Board member of the Tennessee Society of Certified Public Accountants | — | TN Legislature bio |
| Spouse Employer | FRANCIS COMMUNICATIONS, INC. | — | TN Ethics Commission |
| Employer | HISTORIC BEECHES LLC | — | TN Ethics Commission |
| Employer | RESOURCE NETWORK | — | TN Ethics Commission |
| Business Owner | RESOURCE NETWORK PRESIDENT/OWNER from Aug 2010 to current | — | TN Ethics Commission |
| Business Owner | HISTORIC BEECHES LLC MEMBER from Dec 2021 to current | — | TN Ethics Commission |
| Occupation | Public Accounting, NONE - I TEACH CPE | — | TN Ethics Commission |
| Asset | Leadership PAC: TENNESSEE VICTORY 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.
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.
What does TN SB2641 do?
The bill amends existing laws regarding pension plans and the role of proxy advisors in Tennessee. It aims to clarify regulations related to how pension funds can invest and the guidance they receive from proxy advisory firms. This change is intended to improve the management and oversight of pension investments.
What is the status of TN SB2641?
TN SB2641 is currently “Passed” in the Tennessee legislature.
Who sponsored TN SB2641?
Kerry Roberts (R) sponsored TN SB2641.
