Amends TCA Title 56, Chapter 26.

Tennessee HB0329 amends existing laws regarding the pooling of liabilities for self-insurers by allowing foreign multiple employer welfare arrangements, specifically those comprised of banks and their employees, to be considered domestic if they meet certain criteria. The bill affects employers and associations seeking to pool liabilities for health insurance purposes and clarifies that such pools must comply with state taxation and regulatory requirements. Key provisions include the ability for the commissioner of commerce and insurance to waive certain insurance laws for qualifying arrangements and the emphasis on maintaining health insurance coverage compliance with federal law.