TennesseeInsurance Companies, Agents, Brokers, Policies - As enacted, clarifies that the exemption from claims of creditors for the net amount payable under a policy of life insurance or under an annuity contract upon the life of a person made for the benefit of, or assigned to, the spouse, children, or dependent relatives of the person includes claims through execution, attachment, seizure, and garnishment, and that use of exempt funds does not change the classification of the funds used from exempt to nonexempt. - Amends TCA Title 56.
What it does
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Apr 4Pub. Ch. 150Latest
- Apr 4Effective date(s) 07/01/2025
- Apr 3Signed by Governor Bill Lee.Became Law
- Mar 27Transmitted to Governor for his action.To Governor
- Mar 26Signed by H. SpeakerMajor
- Mar 26Signed by Senate SpeakerMajor
- Mar 25Enrolled; ready for sig. of H. Speaker.Minor
- Mar 24Passed H., Ayes 96, Nays 0, PNV 0Passed Senate
- Vote recorded FLOOR VOTE: CONSENT CALENDAR PASSAGE ON THIRD CONSIDERATION 3/24/2025 Passed. Result: pass.Lower
- Vote recorded HOUSE CALENDAR & RULES COMMITTEE: H. Placed on Consent Calendar for 3/24/2025 3/20/2025. Result: fail.Lower
- Mar 24Engrossed; ready for transmission to Sen.Minor
- Mar 24Received from House, Passed on First ConsiderationMinor
- Mar 24Senate substituted House Bill for companion Senate Bill.Major
- Mar 24Passed Senate, Ayes 32, Nays 0Passed House
- Mar 20H. Placed on Consent Calendar for 3/24/2025
- Mar 19Placed on cal. Calendar & Rules Committee for 3/20/2025
- Mar 12Rec. for pass; ref to Calendar & Rules CommitteeMinor
- Vote recorded HOUSE INSURANCE COMMITTEE: Rec. for pass; ref to Calendar & Rules Committee 3/12/2025 Passed. Result: pass.Lower
- Mar 5Rec. for pass by s/c ref. to Insurance CommitteeMinor
- Vote recorded INSURANCE SUBCOMMITTEE: Rec. for pass by s/c ref. to Insurance Committee 3/5/2025 Passed. Result: pass.Lower
- Mar 5Placed on cal. Insurance Committee for 3/12/2025
- Feb 26Placed on s/c cal Insurance Subcommittee for 3/5/2025
- Feb 11Assigned to s/c Insurance SubcommitteeMinor
- Feb 10P2C, ref. to Insurance CommitteeMinor
- Feb 6Intro., P1C.Minor
- Feb 5Filed for introductionIntroduced