Insurance Companies, Agents, Brokers, Policies - As introduced, removes an obsolete reference to the length of the validity for an insurance producer license issued on or after January 1, 2007; changes, from March 1 to March 15, the date that a business entity license under the Tennessee Insurance Producer Licensing Act of 2002 expires biennially. - Amends TCA Title 8; Title 56; Title 63; Title 68 and Title 71.
HB 1077 updates Tennessee's insurance licensing rules by changing the biennial expiration date for business entity licenses from March 1 to March 15. It also removes an outdated reference about license validity periods for insurance producers licensed after 2007. These changes directly affect insurance businesses and agents operating under Tennessee's licensing laws. The bill amends specific sections of Tennessee Code (Titles 8, 56, 63, 68, and 71) related to insurance regulation.
Bill status
introduced
1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 6, 2025
Last action Feb 10, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
0
Feb 6, 2025
Introduced
Intro., P1C.
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Doc Kumar
RRepublican
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