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HB 1077

Insurance Companies, Agents, Brokers, Policies - As introduced, removes an obsolete reference to the length of the validity for an insurance producer license issued on or after January 1, 2007; changes, from March 1 to March 15, the date that a business entity license under the Tennessee Insurance Producer Licensing Act of 2002 expires biennially. - Amends TCA Title 8; Title 56; Title 63; Title 68 and Title 71.

114th Regular Session (2025-2026) Introduced by Doc Kumar

Tennessee bill removes outdated 2007 license language and shifts business entity insurance license expiration from March 1 to March 15 biennially.

P2C, caption bill, held on desk - pending amdt.
#agents #brokers #insurancecompanies #policies
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WeVote Research Nonpartisan
Bill Summary · HB 1077

Legislative bill overview

HB 1077 is a technical housekeeping bill that removes outdated language referencing insurance producer licenses from 2007 and shifts the biennial expiration date for business entity licenses under Tennessee's Insurance Producer Licensing Act from March 1 to March 15. The bill makes minor amendments across multiple Tennessee Code sections related to insurance regulation.

Why is this important

While primarily administrative, this bill ensures Tennessee's insurance licensing framework reflects current practices and prevents confusion from obsolete provisions. The date shift to March 15 allows businesses a two-week grace period adjustment and may facilitate more efficient administrative processing during renewal cycles.

Potential points of contention

  • Minimal stakeholder impact: The changes are so technical that few constituents or organizations are likely to engage, making opposition unlikely but also reducing transparency in the legislative process
  • Timing rationale unclear: The bill does not explain why March 15 was chosen over March 1, raising questions about whether this reflects genuine operational necessity or arbitrary preference
  • Scattered amendments: Modifications across five separate Tennessee Code titles suggests either broader consolidation opportunities were missed or indicates these sections needed separate clarification beyond this bill's scope

Compiled from official sources — confirm details with the bill’s official record.

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