AN ACT to amend Tennessee Code Annotated, Title 4; Title 56 and Title 71, relative to insurance.
Summary
HB1076 makes a narrow change to Tennessee insurance law by shortening the time period in Tennessee Code Annotated § 56-5-105(a) from 30 days to 21 days. The bill does not create a new insurance program or alter coverage requirements; instead, it adjusts a statutory deadline within the insurance code. Because the bill text is limited to a single amendment, its practical effect is to accelerate whatever notice, filing, or administrative action is governed by that section of law.
The measure is framed as an act amending Titles 4, 56, and 71, but the operative change appears only in Title 56. It would affect insurers, regulated entities, and any parties subject to the deadline in § 56-5-105(a), requiring compliance within a shorter timeframe. The bill takes effect immediately upon becoming law, indicating legislative intent for prompt implementation.
Impact
HB1076 amends Tennessee Code Annotated § 56-5-105(a) by reducing a statutory deadline from 30 days to 21 days. This changes state insurance law by tightening the timing requirement for the affected process, which could require insurers, administrators, or other regulated parties to act more quickly. No other substantive provisions are added, and the bill does not appear to alter benefits, eligibility, or coverage rules.
Sentiment
No committee transcripts or recorded votes were provided, so there is no direct evidence of debate, support, or opposition in the available materials. Based on the text alone, the bill appears technical and administrative rather than controversial, suggesting a generally neutral or procedural posture. The immediate effective date also suggests the sponsor sought a straightforward statutory update rather than a policy overhaul.
Contention
Because the bill only changes a deadline, any contention would likely center on whether shortening the period from 30 days to 21 days gives affected parties enough time to comply. Potentially impacted stakeholders include insurers and other regulated entities that must meet the deadline in § 56-5-105(a), who may view the change as an administrative burden. No specific objections or competing viewpoints are documented in the provided context.