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HB2338Introduced in the House

AN ACT to amend Tennessee Code Annotated, Title 66, relative to property owners' associations' responsibility to maintain fidelity bonds.

Passed

Introduced by Caleb Hemmer, District 59

What does this bill do?

Plain-English breakdown

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Official description

As enacted, requires a homeowners' association that collects assessments for common expenses to obtain and maintain a blanket fidelity bond to insure the homeowners' association against losses resulting from theft or dishonesty committed by the officers, directors, or persons employed by the homeowners' association, or committed by any managing agent or employees of the managing agent. - Amends TCA Title 66.

Where it stands

Comp. became Pub. Ch. 731

April 23, 2026

How did lawmakers vote?

HouseStage: HOUSE STATE & LOCAL GOVERNMENT COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee · March 11, 2026

16

Yes

0

No

2

Absent or Not Voting

18 representatives recorded in this House vote. Colors show vote categories only, not whether a vote was good or bad.

See how each representative voted

Bill history

  1. Filed for introduction

  2. Intro., P1C.

  3. P2C, ref. to State & Local Government Committee

  4. Assigned to s/c Cities & Counties Subcommittee

  5. Sponsor(s) Added.

  6. Placed on s/c cal Cities & Counties Subcommittee for 3/4/2026

  7. Rec. for pass by s/c ref. to State & Local Government Committee

  8. Placed on cal. State & Local Government Committee for 3/11/2026

  9. Rec. for pass; ref to Calendar & Rules Committee

  10. Placed on cal. Calendar & Rules Committee for 3/19/2026

  11. H. Placed on Regular Calendar for 3/26/2026

  12. Comp. SB subst.

  13. Sponsor(s) Added.

  14. Comp. became Pub. Ch. 731

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