Amends TCA Title 12; Title 12, Chapter 3 and Title 29.
Tennessee HB0763 amends existing law regarding the purchase of insurance by governmental entities, specifically by changing the requirement for authorization and approval from an organization of governmental entities representing cities and counties to an organization of cities, counties, or other governmental entities. This bill affects governmental entities in Tennessee that seek to purchase insurance to cover tort liability without the necessity of public bidding. The key change is the broadening of the approving organization, which may facilitate insurance procurement processes for these entities.
Tennessee HB0763 amends existing law regarding the purchase of insurance by governmental entities, specifically by changing the requirement for authorization and approval from an organization of governmental entities representing cities and counties to an organization of cities, counties, or other governmental entities. This bill affects governmental entities in Tennessee that seek to purchase insurance to cover tort liability without the necessity of public bidding. The key change is the broadening of the approving organization, which may facilitate insurance procurement processes for these entities.
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