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Insurance Subcommittee advances three bills to full committee
Summary
The Tennessee House Insurance Subcommittee voted Feb. 12 to advance three bills to the full Insurance Committee.
NASHVILLE — The Tennessee House Insurance Subcommittee voted Feb. 12 to advance three bills to the full Insurance Committee, approving House Bills 119, 329 and 161 after brief presentations and roll-call votes.
House Bill 119, presented by Chairman Hicks, would centralize the issuance of certificates tied to cash bonds or deposits under the Department of Revenue rather than splitting the process between two departments. "This legislation streamlines the entire process of accepting cash or bond ... so that the customers only have to communicate with one state department instead of currently two," Chairman Hicks said. Committee members asked no questions; the clerk conducted a…
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