TN SB0766 | 2025-2026 | 114th General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 4 2025 - 25% progression
Action: 2025-02-25 - Placed on Senate Commerce and Labor Committee calendar for 3/4/2025
Pending: Senate Commerce and Labor Committee
Hearing: Mar 4 @ 10:30 am in Cordell Hull Building
Text: Latest bill text (Draft #1) [PDF]

Summary

As introduced, authorizes a premium finance company to impose and collect a convenience fee from an insured for use of certain payment methods; authorizes a premium finance company to charge and collect a handling charge for certain payment instruments when the payment instrument is not paid by the financial institution from which the instrument is drawn. - Amends TCA Title 56, Chapter 37.

Tracking Information

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Title

AN ACT to amend Tennessee Code Annotated, Title 56, Chapter 37, relative to premium finance companies.

Sponsors


History

DateChamberAction
2025-02-25SenatePlaced on Senate Commerce and Labor Committee calendar for 3/4/2025
2025-02-25SenatePlaced on Senate Commerce and Labor Committee calendar for 3/4/2025
2025-02-12SenatePassed on Second Consideration, refer to Senate Commerce and Labor Committee
2025-02-10SenateIntroduced, Passed on First Consideration
2025-02-04SenateFiled for introduction

Same As/Similar To

HB0772 (Crossfiled) 2025-02-10 - Assigned to s/c Banking & Consumer Affairs Subcommittee

Subjects


Tennessee State Sources


Bill Comments

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