2025-2026 Regular SessionTennessee Legislature

HB0476: AN ACT to amend Tennessee Code Annotated, Title 12; Title 29; Title 50 and Title 56, relative to insurance.

Legislative Summary

As introduced, increases from $50,000 to $100,000 the bond amount that every insurance company doing a workers' compensation business in this state must furnish with a surety company; increases from $100,000 to $200,000 the certificate amount that such a company may deposit with the commissioner of labor and workforce development in lieu of the bond. - Amends TCA Title 12; Title 29; Title 50 and Title 56.

Demographic Impact

Overall analysis of equity impact

80% Positive
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

1/28/2025
Filed for introduction
House of Representatives
2/3/2025
Intro., P1C.
House of Representatives
2/5/2025
P2C, caption bill, held on desk - pending amdt.
House of Representatives
2/26/2025
Ref. to Insurance Committee
House of Representatives
2/26/2025
Assigned to s/c Insurance Subcommittee
House of Representatives
3/5/2025
Placed on s/c cal Insurance Subcommittee for 3/12/2025
House of Representatives
3/12/2025
Action Def. in s/c Insurance Subcommittee to 3/19/2025
House of Representatives
3/12/2025
Placed on s/c cal Insurance Subcommittee for 3/19/2025
House of Representatives
3/19/2025
Action Def. in s/c Insurance Subcommittee to 3/26/2025
House of Representatives
3/19/2025
Placed on s/c cal Insurance Subcommittee for 3/26/2025
House of Representatives
3/25/2025
Action Def. in s/c Insurance Subcommittee to First Calendar of 2026
House of Representatives

Status Information

Current Status
Introduced(1/28/2025)
Chamber
House of Representatives
Committee
Insurance Subcommittee(House of Representatives)

Sponsors

Republican: 1

Documents

Draft
Bill Text2/6/20257.8 KB
Draft
Bill Text1/28/20257.7 KB
Fiscal Note
Fiscal Note2/23/2025118.8 KB