TN SB1557 | 2021-2022 | 112th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 11 2021 - 25% progression, died in committee
Action: 2021-04-21 - Assigned to General Subcommittee of Senate Commerce and Labor Committee
Pending: Senate Commerce and Labor Committee
Text: Latest bill text (Draft #1) [PDF]
Status: Introduced on February 11 2021 - 25% progression, died in committee
Action: 2021-04-21 - Assigned to General Subcommittee of Senate Commerce and Labor Committee
Pending: Senate Commerce and Labor Committee
Text: Latest bill text (Draft #1) [PDF]
Summary
As introduced, increases from 60 to 90 days the time period following notice to a domestic insurance company that its capital stock is impaired to the extent of 20 percent or more and subject to be made good, within which the company must lawfully repair or reduce its capital or be subject to proceedings by the commissioner. - Amends TCA Title 4; Title 8; Title 45; Title 55; Title 56; Title 63; Title 68 and Title 71.
Title
AN ACT to amend Tennessee Code Annotated, Title 4; Title 8; Title 45; Title 55; Title 56; Title 63; Title 68 and Title 71, relative to insurance.
Sponsors
| Sen. Paul Bailey [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2021-04-21 | Senate | Assigned to General Subcommittee of Senate Commerce and Labor Committee |
| 2021-04-14 | Senate | Placed on Senate Commerce and Labor Committee calendar for 4/21/2021 |
| 2021-04-07 | Senate | Reset on Final calendar of Senate Commerce and Labor Committee |
| 2021-04-07 | Senate | Placed on Senate Commerce and Labor Committee calendar for 4/7/2021 |
| 2021-04-06 | Senate | Action deferred in Senate Commerce & Labor Committee to 4/7/2021 |
| 2021-03-30 | Senate | Placed on Senate Commerce and Labor Committee calendar for 4/6/2021 |
| 2021-03-30 | Senate | Action deferred in Senate Commerce and Labor Committee to 4/6/2021 |
| 2021-03-24 | Senate | Placed on Senate Commerce and Labor Committee calendar for 3/30/2021 |
| 2021-02-22 | Senate | Passed on Second Consideration, refer to Senate Commerce and Labor Committee |
| 2021-02-11 | Senate | Introduced, Passed on First Consideration |
| 2021-02-11 | Senate | Filed for introduction |
Same As/Similar To
HB1381 (Crossfiled) 2021-02-25 - P2C, caption bill, held on desk - pending amdt.
