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Tennessee · 114th Regular Session (2025-2026) · Bill

SB 1383: Comptroller, State - 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.

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

SB 1383 is a bill introduced in the Tennessee Senate on February 6, 2025. According to its official title, it concerns: Comptroller, State - 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. Primary sponsor: Bo Watson (Republican). Most recent recorded action (February 18, 2026): Assigned to General Subcommittee of Senate Commerce & Labor Committee.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Sponsors

Sponsors by party (alphabetical): Republican 1

NameRolePartyChamberDistrict
Bo WatsonPrimary sponsorRepublicanSenate11

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Assigned to General Subcommittee of Senate Commerce & Labor Committee
  2. Assigned to General Subcommittee of Senate Commerce and Labor Committee
  3. Placed on Senate Commerce and Labor Committee calendar for 3/25/2025
  4. Action deferred in Senate Commerce and Labor Committee to 3/25/2025
  5. Placed on Senate Commerce and Labor Committee calendar for 3/18/2025
  6. Placed on Senate Commerce and Labor Committee calendar for 3/18/2025
  7. Passed on Second Consideration, refer to Senate Commerce and Labor Committee
  8. Introduced, Passed on First Consideration
  9. Filed for introduction

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source