AN ACT to amend Tennessee Code Annotated, Title 8; Title 56; Title 63; Title 68 and Title 71, relative to insurance.
Summary
SB0999 is a very short insurance-related bill that makes a single statutory change: it deletes Tennessee Code Annotated § 56-1-108 in its entirety. The bill does not add new regulatory language or create a new program; instead, it removes an existing provision from the insurance code and makes the change effective immediately upon becoming law.
Because the bill text does not include the substance of § 56-1-108, the practical policy effect cannot be determined from the bill alone. However, the measure is framed as an amendment to multiple titles of the Tennessee Code, with the operative change occurring in Title 56, which governs insurance. In effect, the bill would eliminate whatever requirements, restrictions, or authorities are currently contained in that section, potentially affecting insurers, regulated entities, and any parties subject to that provision.
Impact
The bill would amend Tennessee law by striking Tennessee Code Annotated § 56-1-108, thereby removing that section from the insurance statutes. Since the bill contains no replacement language, the impact would be a repeal of the existing rule or requirement in that section, which could alter compliance obligations or regulatory authority for insurers and other affected parties under Title 56.
Sentiment
No committee discussion or vote history is provided, so there is no recorded public or legislative debate to gauge sentiment. Based on the text alone, the bill appears to be a narrow technical or deregulatory measure rather than a broadly contested policy proposal, but the absence of transcripts means support or opposition cannot be assessed from the available record.
Contention
There are no transcripts, amendments, or votes in the provided materials, so no specific points of contention are documented. The only likely area of dispute would be the effect of repealing § 56-1-108 itself—namely, whether removing that provision would reduce needed consumer protections, regulatory oversight, or other insurance-related requirements—but the bill text does not identify what that section covers.