Tennessee House Bill HB0733

Tennessee 2023-2024 Regular Session

• Introduced: 1/27/23

Caption

AN ACT to amend Tennessee Code Annotated, Title 4; Title 62 and Title 66, relative to real estate.

Impact

This bill has implications for how real estate information is disseminated to the public. By ensuring that the directory is available without charge, it increases public access to important real estate data. This amendment could potentially improve the ability of individuals and businesses to obtain necessary information regarding real estate transactions, policies, and regulations in Tennessee, fostering a more informed public. Furthermore, it aligns with broader trends in governmental transparency and data accessibility.

Summary

House Bill 733, introduced in Tennessee, seeks to amend specific sections of the Tennessee Code Annotated related to real estate. The primary focus of the bill is to enhance accessibility to information provided by the regulatory commission. By mandating that if a directory is published, it must be made available on the commission's website free of charge, the bill addresses issues of transparency and accessibility for stakeholders in the real estate sector.

Contention

While the text of the bill itself does not present substantial points of contention, the implications of requiring free access to the directory may invoke discussions about the costs associated with maintaining and updating it. Stakeholders involved in the real estate sector may have varying opinions on whether this requirement could lead to increased operational costs for the commission responsible for managing such directories. Additionally, there could be debates surrounding the adequacy of resources allocated to ensure the commission can fulfill this mandate effectively.