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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.
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.
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.
TN SB0810