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2025-2026 Regular Session • Tennessee Legislature

SB0766: 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

Overall analysis of equity impact

60% Bias
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

2/4/2025
Filed for introduction
Senate
2/10/2025
Introduced, Passed on First Consideration
Senate
2/12/2025
Passed on Second Consideration, refer to Senate Commerce and Labor Committee
Senate
2/25/2025
Placed on Senate Commerce and Labor Committee calendar for 3/4/2025
Senate
2/25/2025
Placed on Senate Commerce and Labor Committee calendar for 3/4/2025
Senate
3/4/2025
Recommended for passage, refer to Senate Calendar Committee
Senate
3/7/2025
Placed on Senate Consent Calendar 2 for 3/10/2025
Senate
3/10/2025
Passed Senate, Ayes 30, Nays 0
Senate
3/10/2025
Engrossed; ready for transmission to House
Senate
3/13/2025
Rcvd. from S., held on H. desk.
House of Representatives
4/3/2025
Subst. for comp. HB.
House of Representatives
4/3/2025
Re-ref. Calendar & Rules Committee
House of Representatives
4/9/2025
Placed on cal. Calendar & Rules Committee for 4/10/2025
House of Representatives
4/10/2025
H. Placed on Regular Calendar for 4/14/2025
House of Representatives
4/14/2025
Passed H., Ayes 82, Nays 12, PNV 0
House of Representatives
4/16/2025
Enrolled and ready for signatures
Senate
4/17/2025
Signed by Senate Speaker
Senate
4/21/2025
Signed by H. Speaker
House of Representatives
4/21/2025
Transmitted to Governor for action.
Senate
4/24/2025
Signed by Governor.
Senate

Roll Call Votes

HOUSE CALENDAR & RULES COMMITTEE: H. Placed on Regular Calendar for 4/14/2025 4/10/2025
4/14/2025
17
Yea
3
Nay
0
Not Voting
0
Absent
Result: PASSED
FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION
4/3/2025
48
Yea
27
Nay
14
Not Voting
0
Absent
Result: FAILED
FLOOR VOTE: Motion to Adopt
3/10/2025
30
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED
SENATE COMMERCE AND LABOR COMMITTEE: Recommended for passage, refer to Senate Calendar Committee
3/4/2025
7
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED

Status Information

Current Status
Passed(4/24/2025)
Chamber
Senate

Sponsors

Republican: 1

Primary Sponsor

Paul Bailey
Paul Bailey
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