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SB2326Introduced in the Senate

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

Passed

Introduced by Jeff Yarbro, District 21

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

Effective date(s) 01/01/2027

April 23, 2026

How did lawmakers vote?

House votes

1 recorded vote · each counted separately

Senate votes

2 recorded votes · each counted separately

HouseStage: FLOOR VOTE: REGULAR CALENDAR PASSAGE ON THIRD CONSIDERATION · March 26, 2026

91

Yes

0

No

0

Absent or Not Voting

91 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. Introduced, Passed on First Consideration

  3. Passed on Second Consideration, refer to Senate Commerce and Labor Committee

  4. Rule #83(8) Suspended, to be heard in Senate Commerce & Labor Committee on 3/10/2026

  5. Placed on Senate Commerce and Labor Committee calendar for 3/10/2026

  6. Recommended for passage, refer to Senate Calendar Committee

  7. Placed on Senate Regular Calendar for 3/23/2026

  8. Senate adopted Amendment (Amendment 1 - SA0694)

  9. Passed Senate as amended, Ayes 30, Nays 0

  10. Engrossed; ready for transmission to House

  11. Rcvd. from S., held on H. desk.

  12. Subst. for comp. HB.

  13. Am. withdrawn. (Amendment 1 - HA0744)

  14. Passed H., Ayes 91, Nays 0, PNV 0

  15. Enrolled and ready for signatures

  16. Signed by Senate Speaker

  17. Signed by H. Speaker

  18. Transmitted to Governor for action.

  19. Signed by Governor.

  20. Pub. Ch. 731

  21. Effective date(s) 01/01/2027

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