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

SB 766: Banks and Financial Institutions - As enacted, authorizes a premium finance company to impose and collect a convenience fee from an insured for use of certain payment methods; authorizes a premium finance company to charge and collect a handling charge for certain payment instruments when the payment instrument is not paid by the financial institution from which the instrument is drawn. - Amends TCA Title 56, Chapter 37.

Enacted 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 766 is a bill introduced in the Tennessee Senate on February 4, 2025. According to its official title, it concerns: Banks and Financial Institutions - As enacted, authorizes a premium finance company to impose and collect a convenience fee from an insured for use of certain payment methods; authorizes a premium finance company to charge and collect a handling charge for certain payment instruments when the payment instrument is not paid by the financial institution from which the instrument is drawn. - Amends TCA Title 56, Chapter 37. Primary sponsor: Paul Bailey (Republican). Most recent recorded action (April 29, 2025): Pub. Ch. 258.

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
Paul BaileyPrimary sponsorRepublicanSenate15

“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. Pub. Ch. 258
  2. Effective date(s) 04/24/2025
  3. Signed by Governor.
  4. Signed by H. Speaker
  5. Transmitted to Governor for action.
  6. Signed by Senate Speaker
  7. Enrolled and ready for signatures
  8. Passed H., Ayes 82, Nays 12, PNV 0
  9. H. Placed on Regular Calendar for 4/14/2025
  10. Placed on cal. Calendar & Rules Committee for 4/10/2025
  11. Subst. for comp. HB.
  12. Re-ref. Calendar & Rules Committee

Showing 12 most recent of 22 actions. Full history

Sources

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