TN SB0307 | 2019-2020 | 111th General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 30 2019 - 25% progression, died in committee
Action: 2019-03-19 - Assigned to General Subcommittee of Senate Commerce & Labor Committee
Pending: Senate Commerce and Labor Committee
Text: Latest bill text (Draft #1) [PDF]

Summary

As introduced, increases from $15,000 to $25,000 the minimum amount of insurance coverage for property damage in any one accident that is required for a split-limit motor vehicle insurance policy to qualify as proof of financial security under the financial responsibility law for policies issued or renewed after December 31, 2019. - Amends TCA Title 55 and Title 56.

Tracking Information

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Title

As introduced, increases from $15,000 to $25,000 the minimum amount of insurance coverage for property damage in any one accident that is required for a split-limit motor vehicle insurance policy to qualify as proof of financial security under the financial responsibility law for policies issued or renewed after December 31, 2019. - Amends TCA Title 55 and Title 56.

Sponsors


History

DateChamberAction
2019-03-19SenateAssigned to General Subcommittee of Senate Commerce & Labor Committee
2019-02-04SenatePassed on Second Consideration, refer to Senate Commerce and Labor Committee
2019-01-31SenateIntroduced, Passed on First Consideration
2019-01-30SenateFiled for introduction

Same As/Similar To

HB0317 (Crossfiled) 2019-02-26 - Failed in s/c Property & Casualty Subcommittee of Insurance Committee

Subjects


Tennessee State Sources


Bill Comments

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