Senators reject candidate credit score disclosure

An effort to require Tennessee candidates for public office to release their credit scores wound up with a zero rating in the Senate State and Local Government Committee, reports the Times-Free Press.

The committee voted 9-0 against the bill (SB1452), sponsored by Sen. Paul Bailey, R-Sparta.

Bailey argued voters should know something about a candidate’s financial stability, but fellow senators raised a number of objections including someone whose credit ratings may be adversely impacted due to identity theft.

“You’ve been most gracious in the defeat of this important legislation,” Bailey told colleagues following the vote.

Note: In contrast, the bill has made its way successfully through House committees and subcommittees and is scheduled for a floor vote on March 24 under sponsorship of Rep. Cameron Sexton, R-Crossville. Previous post HERE.