Financial Responsibility Law - As enacted, increases from $15,000 to $25,000 the minimum amount of insurance coverage for property damage in any one accident that is required for a split-limit motor vehicle insurance policy to qualify as proof of financial security under the financial responsibility law for policies issued or renewed after December 31, 2022. - Amends TCA Title 55 and Title 56.
It became law on Apr 26, 2022.
- Stage
- Became law
- Started in
- House
- Sponsors
- 2
- Latest action
- Apr 26, 2022
Where it stands
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
This bill passed and is now law.
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Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
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Where it goes next
Once a bill is decided, the questions are about what is done with it in Tennessee.