SB1383Introduced in the Senate
AN ACT to amend Tennessee Code Annotated, Title 12; Title 29; Title 50 and Title 56, relative to insurance.
Introduced by Bo Watson, District 11
What does this bill do?
Plain-English breakdown
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Official description
As introduced, increases from $50,000 to $100,000 the bond amount that every insurance company doing a workers' compensation business in this state must furnish with a surety company; increases from $100,000 to $200,000 the certificate amount that such a company may deposit with the commissioner of labor and workforce development in lieu of the bond. - Amends TCA Title 12; Title 29; Title 50 and Title 56.
Where it stands
Assigned to General Subcommittee of Senate Commerce & Labor Committee
February 18, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
How would you vote on this bill?
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Bill history
Filed for introduction
Introduced, Passed on First Consideration
Passed on Second Consideration, refer to Senate Commerce and Labor Committee
Placed on Senate Commerce and Labor Committee calendar for 3/18/2025
Placed on Senate Commerce and Labor Committee calendar for 3/18/2025
Action deferred in Senate Commerce and Labor Committee to 3/25/2025
Placed on Senate Commerce and Labor Committee calendar for 3/25/2025
Assigned to General Subcommittee of Senate Commerce and Labor Committee
Assigned to General Subcommittee of Senate Commerce & Labor Committee
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