Tennessee 114th General Assembly Status: Enacted 1 R cosponsors

SB 0766 — AN ACT to amend Tennessee Code Annotated, Title 56, Chapter 37, relative to premium finance companies.

Last action — Effective date(s) 04/24/2025

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Senate
  4. ✓
    Passed House
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced February 04, 2025. Enacted.

Signed by Governor Bill Lee (Republican) on April 17, 2025.

Odds of enactment

High chance

Based on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Likely to advance 72% · moderate confidence

  • Enacted

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (1 R).

  • Cleared a recorded vote

    Passed 2 recorded votes so far.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Summary

Banks and Financial Institutions - As enacted, 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.

Bill Text

Action History

  1. Filed for introduction

  2. Intro., P1C.

  3. P2C, ref. to Commerce Committee

  4. Assigned to s/c Banking & Consumer Affairs Subcommittee

  5. Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/12/2025

  6. Action Def. in s/c Banking and Consumer Affairs Subcommittee to 3/19/2025

  7. Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/19/2025

  8. Rec. for pass by s/c ref. to Commerce Committee

  9. Placed on cal. Commerce Committee for 3/26/2025

  10. Rec. for pass; ref to Calendar & Rules Committee

  11. Placed on cal. Calendar & Rules Committee for 3/27/2025

  12. H. Placed on Consent Calendar for 3/31/2025

  13. Objected to on Consent Calendar.

  14. H. Placed on Regular Calendar 4/3/2025

  15. Comp. SB subst.

  16. Sponsor(s) Added.

  17. Comp. became Pub. Ch. 258

  18. Filed for introduction

  19. Introduced, Passed on First Consideration

  20. Passed on Second Consideration, refer to Senate Commerce and Labor Committee

  21. Placed on Senate Commerce and Labor Committee calendar for 3/4/2025

  22. Placed on Senate Commerce and Labor Committee calendar for 3/4/2025

  23. Recommended for passage, refer to Senate Calendar Committee

  24. Placed on Senate Consent Calendar 2 for 3/10/2025

  25. Passed Senate, Ayes 30, Nays 0

  26. Engrossed; ready for transmission to House

  27. Rcvd. from S., held on H. desk.

  28. Subst. for comp. HB.

  29. Re-ref. Calendar & Rules Committee

  30. Placed on cal. Calendar & Rules Committee for 4/10/2025

  31. H. Placed on Regular Calendar for 4/14/2025

  32. Passed H., Ayes 82, Nays 12, PNV 0

  33. Enrolled and ready for signatures

  34. Signed by Senate Speaker

  35. Signed by H. Speaker

  36. Transmitted to Governor for action.

  37. Signed by Governor.

  38. Pub. Ch. 258

  39. Effective date(s) 04/24/2025

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 132 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (132)

132 members have not signed on to this bill.

Show all 132 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Subjects

finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does SB 0766 do?
Banks and Financial Institutions - As enacted, 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.
Who sponsors SB 0766?
SB 0766 is sponsored by Bailey, Paul (Republican).
What is the current status of SB 0766?
This bill has been enacted into law. Introduced February 04, 2025. Enacted.
Where can I track SB 0766?
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Last checked for changes 3 months ago · updated continuously

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