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Bill > HB0621


TN HB0621

TN HB0621
AN ACT to amend Tennessee Code Annotated, Title 56, Chapter 55, relative to motor vehicle protection products.


summary

Introduced
01/30/2025
In Committee
03/18/2025
Crossed Over
03/24/2025
Passed
03/25/2025
Dead
Signed/Enacted/Adopted
04/04/2025

Introduced Session

114th General Assembly

Bill Summary

As enacted, specifies that a vehicle protection product warrantor applying for renewal is not required to file a copy of a warranty that has already been registered for use; requires such warrantor to provide written notification of any change to the information contained in the original registration within 30 days of the change; provides that such notification does not require the submission of a new registration application. - Amends TCA Title 56, Chapter 55.

AI Summary

This bill amends Tennessee's motor vehicle protection product warranty regulations to streamline the registration and renewal process for warrantors (companies that provide vehicle protection warranties). Specifically, the bill modifies existing law to clarify that when a warrantor applies for renewal, they are no longer required to submit a copy of a warranty that has already been registered. Additionally, warrantors must provide written notification of any changes to their original registration within 30 days of such changes, but this notification does not necessitate filing a completely new registration application. The law will take effect on July 1, 2025, and will apply to renewals and notifications submitted after that date. The changes are designed to reduce administrative burden on vehicle protection product warrantors while maintaining a system of record-keeping and updates for regulatory purposes.

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Last Action

Effective date(s) 07/01/2025 (on 04/04/2025)

bill text


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