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Bill > HB0119


TN HB0119

TN HB0119
AN ACT to amend Tennessee Code Annotated, Section 55-12-139, relative to proof of financial responsibility.


summary

Introduced
01/13/2025
In Committee
02/26/2025
Crossed Over
03/10/2025
Passed
03/11/2025
Dead
Signed/Enacted/Adopted
04/04/2025

Introduced Session

114th General Assembly

Bill Summary

As enacted, requires the commissioner of revenue, instead of the commissioner of safety, to issue a certificate stating that a cash deposit or bond in the amount required by the Tennessee Financial Responsibility Law of 1977 has been paid or filed with the commissioner of revenue. - Amends TCA Section 55-12-139.

AI Summary

This bill amends Tennessee's financial responsibility law by changing the administrative responsibility for issuing certificates of financial responsibility from the commissioner of safety to the commissioner of revenue. Specifically, the legislation modifies Section 55-12-139 of the Tennessee Code to replace references to the "commissioner of safety" with "commissioner of revenue" when dealing with certificates related to cash deposits or bonds required under the Tennessee Financial Responsibility Law of 1977. The bill will take effect on January 1, 2026, and appears to be a technical change that shifts bureaucratic responsibility for a specific administrative function from one state department to another without substantively altering the underlying financial responsibility requirements for individuals. The change likely aims to streamline administrative processes or align departmental responsibilities more effectively.

Committee Categories

Business and Industry

Sponsors (3)

Last Action

Effective date(s) 01/01/2026 (on 04/04/2025)

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