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SB 1383 Signed

Comptroller, State - As introduced, increases from $50,000 to $100,000 the bond amount that every insurance company doing a workers' compensation business in this state must furnish with a surety company; increases from $100,000 to $200,000 the certificate amount that such a company may deposit with the commissioner of labor and workforce development in lieu of the bond. - Amends TCA Title 12; Title 29; Title 50 and Title 56.

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Legislative Timeline

9 actions
  1. Feb 18, 2026 lower
    Assigned to General Subcommittee of Senate Commerce & Labor Committee
  2. Mar 25, 2025 lower
    Assigned to General Subcommittee of Senate Commerce and Labor Committee
  3. Mar 19, 2025 lower
    Placed on Senate Commerce and Labor Committee calendar for 3/25/2025
  4. Mar 18, 2025 lower
    Action deferred in Senate Commerce and Labor Committee to 3/25/2025
  5. Mar 13, 2025 lower
    Placed on Senate Commerce and Labor Committee calendar for 3/18/2025
  6. Mar 11, 2025 lower
    Placed on Senate Commerce and Labor Committee calendar for 3/18/2025
  7. Feb 12, 2025 upper
    Passed on Second Consideration, refer to Senate Commerce and Labor Committee
  8. Feb 10, 2025 lower
    Introduced, Passed on First Consideration
  9. Feb 6, 2025 lower
    Filed for introduction
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