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 char
Introduced
Moved
Reached a final decision
Became law
Derived from the official record below.
Officially: “AN ACT to amend Tennessee Code Annotated, Title 56, Chapter 37, relative to premium finance companies.” Read the full text
114th general assembly (2025-2026)
What it does
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. Companion bill has been assigned Public Chapter Number 258 by the Secretary
From the official legislative record, shown verbatim. Not legal advice.
Where it is
Show all 38 actions
Filed for introduction · Feb 4, 2025
Senate
Introduced, Passed on First Consideration · Feb 10, 2025
Senate
Passed on Second Consideration, refer to Senate Commerce and Labor Committee · Feb 12, 2025
Senate
Placed on Senate Commerce and Labor Committee calendar for 3/4/2025 · Feb 25, 2025
Senate
Placed on Senate Commerce and Labor Committee calendar for 3/4/2025 · Feb 25, 2025
Senate
Recommended for passage, refer to Senate Calendar Committee · Mar 4, 2025
Senate
Placed on Senate Consent Calendar 2 for 3/10/2025 · Mar 7, 2025
Senate
Passed Senate, Ayes 30, Nays 0 · Mar 10, 2025
Senate
Engrossed; ready for transmission to House · Mar 10, 2025
Senate
Rcvd. from S., held on H. desk. · Mar 13, 2025
House
Subst. for comp. HB. · Apr 3, 2025
House
Re-ref. Calendar & Rules Committee · Apr 3, 2025
House
Placed on cal. Calendar & Rules Committee for 4/10/2025 · Apr 9, 2025
House
H. Placed on Regular Calendar for 4/14/2025 · Apr 10, 2025
House
Passed H., Ayes 82, Nays 12, PNV 0 · Apr 14, 2025
House
Enrolled and ready for signatures · Apr 16, 2025
Senate
Signed by Senate Speaker · Apr 17, 2025
Senate
Signed by H. Speaker · Apr 21, 2025
House
Transmitted to Governor for action. · Apr 21, 2025
Senate
Signed by Governor. · Apr 24, 2025
Senate
Pub. Ch. 258 · Apr 29, 2025
House
Effective date(s) 04/24/2025 · Apr 29, 2025
House
Filed for introduction · Feb 4, 2025
House
Intro., P1C. · Feb 5, 2025
House
P2C, ref. to Commerce Committee · Feb 6, 2025
House
Assigned to s/c Banking & Consumer Affairs Subcommittee · Feb 10, 2025
House
Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/12/2025 · Mar 5, 2025
House
Action Def. in s/c Banking and Consumer Affairs Subcommittee to 3/19/2025 · Mar 12, 2025
House
Placed on s/c cal Banking & Consumer Affairs Subcommittee for 3/19/2025 · Mar 12, 2025
House
Rec. for pass by s/c ref. to Commerce Committee · Mar 19, 2025
House
Placed on cal. Commerce Committee for 3/26/2025 · Mar 19, 2025
House
Rec. for pass; ref to Calendar & Rules Committee · Mar 26, 2025
House
Placed on cal. Calendar & Rules Committee for 3/27/2025 · Mar 26, 2025
House
H. Placed on Consent Calendar for 3/31/2025 · Mar 27, 2025
House
Objected to on Consent Calendar. · Mar 31, 2025
House
H. Placed on Regular Calendar 4/3/2025 · Mar 31, 2025
House
Comp. SB subst. · Apr 3, 2025
House
Sponsor(s) Added. · Apr 9, 2025
House
The numbers
4
sponsors on the bill
Sponsors
Recorded votes
Rec. for pass; ref to Calendar & Rules CommitteeHouse · 2025-03-26 · Passed · Ayes 19, Noes 3
Rec. for pass by s/c ref. to Commerce CommitteeHouse · 2025-03-19 · Passed · Ayes 7, Noes 0
Roll-call results shown verbatim from the Tennessee legislature’s records. A result reflects that roll call’s own motion, not the bill’s overall outcome.
Every fact on this page links to its source, starting with the official bill record. Last action: Sponsor(s) Added. (Apr 9, 2025).