TN SB0810

Education

Introduced Senate Bill Powers (R)
Plain English Summary

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Supporters Say

Positive media analysis is being generated.

Critics Say

Critical media analysis is being generated.

Conflict of Interest Analysis Personal Interests
2/10
Risk Level
Low
Policy Area
Education
Industry Overlap
0%
Personal Conflicts
0 found

The bill SB0810 pertains to the reporting requirements for public institutions of higher education regarding funds received from credit card distributions to students. The sponsor, Bill Powers, has various personal financial interests, including ownership of an automotive group and investments in financial institutions. However, there are no direct overlaps between his personal financial interests and the specific subject matter of the bill, which focuses on education and consumer credit related to student financial services. The absence of direct financial ties to the education sector or the specific financial services impacted by the bill indicates a low risk of conflict of interest.

While Powers is involved in the financial sector through his employment with Synchrony Bank and Marcus by Goldman Sachs, these roles do not directly correlate with the provisions of the bill concerning higher education institutions. Additionally, his ownership of an automotive business does not intersect with the educational funding mechanisms outlined in the legislation. Therefore, the potential for personal financial gain from the bill's enactment appears minimal.

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 Businessman AI-researched
Employer Owner of Wyatt-Johnson Automotive Group TN Legislature bio
Business Owner Owner of Wyatt-Johnson Automotive Group TN Legislature bio
Board Member Board Member of Clarksville-Montgomery County Industrial Development Board AI-researched
Employer SYNCHRONY BANK TN Ethics Commission
Employer MARCUS BY GOLDMAN SACHS Securities & Investment TN Ethics Commission
Business Owner MCADOO PARTNERS, LLC PRESIDENT from Dec 2024 to current TN Ethics Commission
Asset BANK OF AMERICA Commercial Banks TN Ethics Commission
Asset J&P REINSURANCE TN Ethics Commission
Asset MERRILL LYNCH, PIERCE, FENNER & SMITH TN Ethics Commission
Asset MERRILL LYNCH FAMILY TRUST TN Ethics Commission
Asset MERRILL LYNCH PARA TRUST TN Ethics Commission
Asset MERRILL LYNCH ACWI EX TRUST TN Ethics Commission
Asset MERRILL LYNCH CORE GROWTH TRUST TN Ethics Commission
Asset MERRILL LYNCH FIXED INCOME TRUST TN Ethics Commission
Asset EMPOWER RETIRE READY TN TN Ethics Commission
Asset LPL FINANCIAL TN Ethics Commission
Asset MARCUS FINANCIAL 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.