Tennessee House Bill HB0508

Tennessee 2025-2026 Regular Session

• Introduced: 1/29/25

Caption

AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 3, Part 13; Title 8; Title 55, Chapter 12; Title 56 and Title 71, relative to insurance.

Summary

HB0508 amends Tennessee insurance law by changing a statutory deadline in Tennessee Code Annotated section 56-7-1506 from 30 days to 60 days. The bill does not create a new insurance program or broadly rewrite insurance regulation; instead, it extends the time period referenced in that section, which likely affects a notice, response, or administrative deadline within the insurance claims or policy process. The bill takes effect on January 1, 2026, and applies prospectively to policies and certificates entered into, issued, delivered, amended, or renewed on or after that date. Because the measure is narrowly focused, its practical effect is to give affected parties—such as insurers, policyholders, or administrators—an additional 30 days to comply with the deadline in the amended statute.

Impact

The bill directly amends Tennessee Code Annotated section 56-7-1506 by replacing a 30-day period with a 60-day period. This changes the timing requirements under state insurance law for the affected process governed by that section, and it applies only to policies and certificates on or after the effective date. The amendment may require insurers and related parties to adjust compliance procedures, notices, or internal timelines to meet the new deadline.

Sentiment

No committee transcripts or recorded votes were provided, so there is no direct evidence of debate or opposition in the available materials. Based on the text alone, the bill appears technical and limited in scope, which often suggests a neutral or low-conflict legislative posture. The absence of recorded controversy or amendments in the provided context indicates the measure may have been treated as a straightforward insurance timing adjustment.

Contention

No specific points of contention are documented in the provided materials. If any concerns were raised, they would most likely relate to the practical effect of extending the deadline from 30 to 60 days—such as whether the longer period delays resolution, increases administrative burden, or provides needed flexibility for compliance. However, the available record does not identify any legislators, agencies, insurers, or consumer advocates taking a stated position.