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2025-2026 Regular Session • Tennessee Legislature

HB0772: AN ACT to amend Tennessee Code Annotated, Title 56, Chapter 37, relative to premium finance companies.

Legislative Summary

As introduced, authorizes a premium finance company to impose and collect a convenience fee from an insured for use of certain payment methods; authorizes a premium finance company to charge and collect a handling charge for certain payment instruments when the payment instrument is not paid by the financial institution from which the instrument is drawn. - Amends TCA Title 56, Chapter 37.

Demographic Impact

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Bill History

2/4/2025
Filed for introduction
House of Representatives
2/5/2025
Intro., P1C.
House of Representatives
2/6/2025
P2C, ref. to Commerce Committee
House of Representatives
2/10/2025
Assigned to s/c Banking & Consumer Affairs Subcommittee
House of Representatives
3/5/2025
Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/12/2025
House of Representatives
3/12/2025
Action Def. in s/c Banking and Consumer Affairs Subcommittee to 3/19/2025
House of Representatives
3/12/2025
Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/19/2025
House of Representatives
3/19/2025
Rec. for pass by s/c ref. to Commerce Committee
House of Representatives
3/19/2025
Placed on cal. Commerce Committee for 3/26/2025
House of Representatives
3/26/2025
Rec. for pass; ref to Calendar & Rules Committee
House of Representatives
3/26/2025
Placed on cal. Calendar & Rules Committee for 3/27/2025
House of Representatives
3/27/2025
H. Placed on Consent Calendar for 3/31/2025
House of Representatives
3/31/2025
Objected to on Consent Calendar.
House of Representatives
3/31/2025
H. Placed on Regular Calendar 4/3/2025
House of Representatives
4/3/2025
Comp. SB subst.
House of Representatives
4/9/2025
Sponsor(s) Added.
House of Representatives

Roll Call Votes

HOUSE COMMERCE COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee
3/26/2025
19
Yea
3
Nay
0
Not Voting
0
Absent
Result: PASSED
HOUSE BANKING AND CONSUMER AFFAIRS SUBCOMMITTEE: Rec. for pass by s/c ref. to Commerce Committee
3/19/2025
7
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED

Status Information

Current Status
Introduced(2/4/2025)
Chamber
House of Representatives

Sponsors

Republican: 4

Primary Sponsor

Dennis Powers
Dennis Powers
Republican

Documents

Draft
Bill Text • 2/4/2025 • 13.9 KB
LegiScanState Site
Fiscal Note
Fiscal Note • 2/27/2025 • 141.7 KB
LegiScanState Site

External Links

View on LegiScanView on State Website