Tennessee 2025-2026 Regular Session

Tennessee Senate Bill SB1653

Caption

AN ACT to amend Tennessee Code Annotated, Title 9, Chapter 8 and Title 29, relative to damages.

Impact

If enacted, SB1653 would have a significant impact on liability law in Tennessee. The adjustments to the damage limits could result in higher compensation for individuals harmed due to negligence or wrongful acts, thereby affecting insurance rates and liability risks for businesses and professionals. It might also encourage more individuals to pursue legal action knowing they could potentially receive larger settlements, thereby influencing the behavior of defendants and their insurers.

Summary

Senate Bill 1653 aims to amend Tennessee Code Annotated by increasing the caps on damages that can be awarded in lawsuits. Specifically, the bill proposes raising the limit for certain types of damages from $300,000 to $500,000 and the total limit from $1 million to $1.5 million. The changes reflect an attempt to adjust the existing statutory framework governing damages, presumably to allow for greater compensation for claimants in personal injury and other types of liability cases.

Contention

The discussion surrounding SB1653 may involve contention regarding the implications of higher damage awards. Supporters of the bill argue that the current limits are outdated and do not reflect the realities of inflation and the costly nature of medical care and rehabilitation. Conversely, opponents might raise concerns about the potential for increased liability costs for businesses, which could lead to higher prices for consumers and a chilling effect on economic activity in Tennessee. The debate is likely to address the balance between ensuring fair compensation for victims and the economic implications for those liable.

Companion Bills

TN HB1456

Crossfiled AN ACT to amend Tennessee Code Annotated, Title 9, Chapter 8 and Title 29, relative to damages.

Previously Filed As

TN HB1456

AN ACT to amend Tennessee Code Annotated, Title 9, Chapter 8 and Title 29, relative to damages.

TN SB1978

AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 29; Title 8, Chapter 44; Title 10, Chapter 7 and Title 49, Chapter 6, relative to education freedom scholarships.

TN HB1889

AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 29; Title 8, Chapter 44; Title 10, Chapter 7 and Title 49, Chapter 6, relative to education freedom scholarships.

TN SB0053

AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 29 and Title 9, Chapter 8, relative to the board of claims.

TN HB0231

AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 29 and Title 9, Chapter 8, relative to the board of claims.

TN SB0040

AN ACT to amend Tennessee Code Annotated, Title 4; Title 8; Title 9; Title 12, Chapter 3; Title 45; Title 50; Title 56, Chapter 1 and Title 67, relative to employee-owned businesses.

TN HB1047

AN ACT to amend Tennessee Code Annotated, Title 4; Title 8; Title 9; Title 12, Chapter 3; Title 45; Title 50; Title 56, Chapter 1 and Title 67, relative to employee-owned businesses.

TN HB2177

AN ACT to amend Tennessee Code Annotated, Title 9; Title 49, Chapter 13; Title 49, Chapter 2; Title 49, Chapter 3 and Title 49, Chapter 1, Part 3, relative to public education.

TN HB2085

AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; Title 8; Title 9 and Title 67, relative to government finances.

TN SB1672

AN ACT to amend Tennessee Code Annotated, Title 4; Title 5; Title 6; Title 7; Title 8; Title 9 and Title 67, relative to government finances.

Similar Bills

No similar bills found.