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Bill > HB0763
TN HB0763
TN HB0763AN ACT to amend Tennessee Code Annotated, Title 12; Title 12, Chapter 3 and Title 29, relative to insurance.
summary
Introduced
02/04/2025
02/04/2025
In Committee
04/08/2025
04/08/2025
Crossed Over
Passed
04/29/2025
04/29/2025
Dead
Signed/Enacted/Adopted
04/29/2025
04/29/2025
Introduced Session
114th General Assembly
Bill Summary
As enacted, clarifies that any governmental entity may purchase any of the insurance authorized under state law, without the necessity of public bidding, as required by any public or private act or charter restriction, if such insurance is purchased through a plan authorized and approved by any organization of cities, counties, or other governmental entities as contemplated by state law. - Amends TCA Title 12; Title 12, Chapter 3 and Title 29.
AI Summary
This bill modifies Tennessee law to broaden the ability of governmental entities to purchase insurance without being required to go through public bidding processes. Specifically, the bill amends Section 29-20-407 by replacing the phrase "governmental entities representing cities and counties" with "cities, counties, or other governmental entities as contemplated by this part". This change effectively expands the range of governmental bodies that can purchase insurance through approved organizational plans without being constrained by existing public or private act restrictions or charter requirements. The modification aims to provide more flexibility for local and state government entities in procuring insurance coverage, potentially simplifying and streamlining the insurance purchasing process for public organizations. The bill takes effect immediately upon becoming law, as determined by the Tennessee General Assembly.
Committee Categories
Government Affairs
Sponsors (3)
Last Action
Comp. became Pub. Ch. 260 (on 04/29/2025)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB0763&ga=114 |
| BillText | https://publications.tnsosfiles.com/acts/114/pub/pc0260.pdf |
| Fiscal Note - HB0763 | https://www.capitol.tn.gov/Bills/114/Fiscal/HB0763.pdf |
| BillText | https://www.capitol.tn.gov/Bills/114/Bill/HB0763.pdf |
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