The fight for financial transaction freedom is on. Below is an overview of the most important developments happening in the state of Tennessee.
Financial Transaction Freedom
Financial Transaction Freedom
TN Update

The fight for financial transaction freedom is on. Below is an overview of the most important developments happening in the state of Tennessee.

Howdy!

We took some time off from our weekly updates after the legislative session ended in April, but we’re back today with some good news. A few weeks ago Senator Jack Johnson and Representative Jason Zachary were the Solari heroes of the week for sponsoring a groundbreaking consumer protection bill, SB2148, which has now been signed by the governor. 

The bill prohibits de-banking “based upon the use of a social credit score or other factors.” The factors listed in the bill’s summary are comprehensive and include political or religious beliefs, lawful firearm ownership, engagement in lawful business related to firearms or ammunition, engagement in the exploration, production, utilization, transportation, sale, or manufacture of fossil fuel-based energy, timber, mining, or agriculture and more. 

This legislation is a significant step toward safeguarding individuals’ rights, as it prevents the largest banks in the country from arbitrarily closing customer accounts solely due to their political or religious beliefs. The bill page can be found here: https://wapp.capitol.tn.gov/apps/BillInfo/Default.aspx?BillNumber=SB2148 

We ask that everyone send a thank you to Senator Johnson and Representative Zachary. They’re email addresses are: sen.jack.johnson@capitol.tn.gov, rep.jason.zachary@capitol.tn.gov 

If you have any questions about how to meet with your legislators here in Tennessee, we’re happy to brief you on the best way to go about this. Heading into the 2025 legislative session we’d love to have more of our elected officials in Tennessee aware of what we’re up against. Please email ElizabethMurphyTN@protonmail.com if you’re interested in taking part in this.

 Wishing y’all a lovely week ahead as we enter June, 

The Solari Team

FT2 website