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signed · Tennessee · Senate May 11, 2017

SB 355: Contractors - As enacted, increases the monetary limit that triggers requirement that review of the financial statement of an applicant for a contractor's license be attested by the reviewing accountant from $1.5 million to $3 million; increases maximum value of buildings that small commercial building contractors may build for use and occupancy by the general public from $750,000 to $1.5 million. - Amends TCA Title 62, Chapter 6.

Effective date(s) 04/28/2017
Jim Tracy (R) Tim Wirgau (R)
signed · Tennessee · House May 11, 2017

HB 376: Statutes of Limitations and Repose - As enacted, limits any action to recover damages against a real estate appraiser arising out of the appraiser's real estate appraisal activity to being brought within one year from a person's discovery of the act or omission giving rise to the action; limits any disciplinary action against a real estate appraisal by the Board of Real Estate Appraisers from three years from the date the appraisal was completed. - Amends TCA Title 28 and Title 62, Chapter 39.

Comp. became Pub. Ch. 234
Jon Lundberg (R) Bill Sanderson (R)
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