Bill > SB0982

This bill modifies Tennessee's regulations regarding motor vehicle protection product warranties by updating filing and renewal requirements for warrantors. Specifically, the bill changes existing law to streamline the registration process by eliminating redundant paperwork: warrantors renewing their registration will no longer need to submit a duplicate copy of a warranty that has already been registered. Instead, warrantors must continue to update their registration records annually and provide written notification within 30 days of any changes to their original registration information. Importantly, these updates to the registration do not necessitate submitting an entirely new registration application. The changes are designed to reduce administrative burden for vehicle protection product warrantors while maintaining the core regulatory requirement of keeping registration information current. The bill will take effect on July 1, 2025, and will apply to renewals and notifications submitted after that date, giving businesses time to adjust to the new requirements.

Business and Industry

https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB0982&ga=114