AN ACT to amend Tennessee Code Annotated, Title 56, relative to insurance.
Summary
SB1049 makes a narrow change to Tennessee insurance law by extending the required notice period in Tennessee Code Annotated Section 56-7-118 from 30 days to 45 days. The bill does not create a new insurance requirement or program; instead, it lengthens the advance notice that must be given before a covered action takes effect under the existing statute.
In practical terms, the bill gives affected parties an additional 15 days of warning, which may provide more time to respond, adjust coverage, or seek alternatives. Because the bill amends only one section of Title 56, its legal effect is limited to the specific insurance notice provision referenced in the statute.
Impact
The bill amends Tennessee Code Annotated, Title 56, Section 56-7-118 by changing the notice requirement from 30 days to 45 days. This directly affects insurers and policyholders subject to that section by increasing the minimum advance notice period. No other statutes are changed, and the bill appears to be a targeted procedural adjustment within state insurance law.
Sentiment
There is no recorded committee transcript or vote history provided, so the available context does not show formal debate or opposition. Based on the text alone, the bill appears technical and noncontroversial, with a straightforward consumer-notice purpose rather than a broader policy shift.
Contention
No specific points of contention are documented in the provided materials. If any concerns were raised, they are not reflected in the available transcripts or voting record. The only likely issue suggested by the text is whether extending the notice period from 30 to 45 days imposes additional administrative burden on insurers, but no participant views are available to confirm that.