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Bill > SB0842

TN SB0842

TN SB0842
AN ACT to amend Tennessee Code Annotated, Title 12; Title 12, Chapter 3 and Title 29, relative to insurance.

summary

Introduced
02/04/2025
In Committee
Crossed Over
04/10/2025
Passed
04/16/2025
Dead
Signed/Enacted/Adopted
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 Code Annotated by updating language related to insurance purchasing by governmental entities. Specifically, the bill changes 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 revision appears to broaden the scope of which governmental bodies can purchase insurance through authorized plans without being required to follow traditional public bidding processes. The change seems intended to provide more flexibility for local and state government entities when acquiring insurance, potentially simplifying procurement procedures and allowing them to take advantage of group insurance plans organized by municipal or county associations. The bill will take effect immediately upon becoming law, as determined by the Tennessee General Assembly.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Effective date(s) 04/24/2025 (on 04/29/2025)
(1 Companion Bills)

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