TN HB0054This bill allows the Tennessee treasurer to submit the annual report on abandoned or unclaimed property electronically to officials in both the executive and legislative branches. This change aims to streamline the reporting process and improve efficiency in handling property that has no current owner.
Supporters of the bill argue that enabling electronic submissions will modernize the reporting process, making it faster and more efficient. They believe this will enhance transparency and accountability in managing abandoned or unclaimed property in Tennessee.
Critics may argue that moving to electronic reporting could lead to potential security issues or a lack of oversight. They might express concerns that this change could reduce the public's ability to access important information about unclaimed property and diminish the accountability of state officials.
The bill HB0054 primarily deals with the procedural aspect of filing reports on abandoned or unclaimed property, allowing these reports to be filed electronically. This legislative change is administrative in nature and does not directly impact the industries of banking, real estate, or consumer credit in a manner that would financially benefit the sponsor. Jerome Moon's personal financial interests include his role as a businessman and owner of Blount Excavating, Inc., as well as his position as a board member of the Blount County Chamber of Commerce. These roles do not directly intersect with the bill's focus on government operations and electronic reporting of unclaimed property. The bill does not propose changes that would affect construction, excavation, or chamber of commerce activities, which are more aligned with Moon's business 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 | Businessman | — | AI-researched |
| Employer | Owner of Blount Excavating, Inc. | — | AI-researched |
| Board Member | Board Member of Blount County Chamber of Commerce | — | TN Legislature bio |
| Employer | TCRS; TN RETIREMENT 401K | — | TN Ethics Commission |
| Employer | SOCIAL SECURITY ADMINISTRATION | — | TN Ethics Commission |
| Spouse Employer | CBBC BANK | — | TN Ethics Commission |
| Employer | SMART BANK | — | TN Ethics Commission |
| Employer | WELLS FARGO CLEARING SERVICE INC | Commercial Banks | TN Ethics Commission |
| Employer | PINNACLE BANK | — | TN Ethics Commission |
| Employer | RW BAIRD AND CO | — | TN Ethics Commission |
| Business Owner | FIRST AMERICAN BANK DIRECTOR from Oct 1980 to Dec 2006 | — | TN Ethics Commission |
| Business Owner | TENNESSEE PRESS SERVICE INC DIRECTOR from Jun 1985 to Dec 1989 | — | TN Ethics Commission |
| Business Owner | MARYVILLE ALCOA NEWSPAPERS INC PRESIDENT from Jun 1985 to Dec 1989 | — | TN Ethics Commission |
| Business Owner | TENNESSEE ASSOCIATES INC DIRECTOR from Dec 1984 to Jun 1995 | — | TN Ethics Commission |
| Business Owner | PELLISSIPPI STATE FOUNDATION BOARD VOLUNTEER POSITION from Jan 1988 to Jan 1990 | — | TN Ethics Commission |
| Business Owner | SAM HOUSTON MEMORIAL ASSOCIATION BOARD MEMBER from Oct 2022 to current | — | TN Ethics Commission |
| Asset | LOT 2 2131 COCHRAN ROAD MARYVILLE TN 37803 | — | 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.
