My Sandberg TT-5 Superlight (J5) has true bypass. It operates in passive mode without a battery, with the treble EQ knob becoming a passive tone control. Great setup IMO.
The G&L L-2000/2500 are different beasts, because the tone controls are entirely passive. One is a treble cut, the other a bass cut, and they operate the same in passive and active modes. When engaged, the preamp simply changes the output impedance, which does affect the tone slightly and prevents treble loss with long cables. It also has a treble boost mode, which makes it sound more like an active bass with the treble boosted. (I used to have the single pickup L-1500, which had a slightly different preamp. It had one mode, which included more treble boost than the treble boost setting on the L-2000/2500 basses.)