Business Organizations - As introduced, changes, from January 1 to January 15, the beginning of the time frame during which a domestic professional corporation or foreign professional corporation authorized to transact business in this state must deliver for filing to each licensing authority having jurisdiction over a professional service described in the corporation's charter an annual statement of qualification. - Amends TCA Title 4; Title 39; Title 47; Title 48; Title 62 and Title 63.
This bill changes the annual filing deadline for professional corporations in Tennessee. Currently, these corporations must submit their qualification statements to licensing authorities by January 1 each year; the bill moves this deadline to January 15. It directly affects domestic and foreign professional corporations authorized to provide licensed services in Tennessee, such as those in law, medicine, or accounting. The amendment updates specific sections of Tennessee law (Titles 4, 39, 47, 48, 62, and 63) to reflect this new filing window. The change provides corporations with an additional two weeks to complete their annual compliance filings.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 10, 2025
Last action Feb 12, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
0
Committee
1
Feb 12, 2025
Committee
Passed on Second Consideration, refer to Senate Commerce and Labor Committee
upper
Feb 10, 2025
Introduced
Introduced, Passed on First Consideration
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Paul Bailey
RRepublican
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