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Tennessee Department of Revenue explains franchise and excise tax exemptions for insurance companies A Tennessee Department of Revenue presenter outlined which entities qualify for franchise and excise tax exemptions, how to register for the exemption, verification steps when not listed with the Secretary of State, and where to find statutory citations and contact resources.

Tennessee insurance companies may be eligible for significant tax exemptions, but do you know the rules to qualify?

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#TN #BusinessCompliance #CitizenPortal #TennesseeInsurance #InsuranceRegulations #TaxExemptions

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Committee advances bill to create Tennessee Commission for Insurance Review Senate Bill 2,155 would create a Tennessee Commission for Insurance Review to hear insurance complaints and informal hearings; the commission would require cooperation from the Department of Commerce and Insurance and is scheduled to sunset on 2028-06-30. The subcommittee issued a positive recommendation to Commerce and Labor (6 ayes; 2 present, not voting).

Tennessee is one step closer to improving insurance practices with the advancement of Senate Bill 2,155, aimed at establishing a new commission to address complaints and disputes.

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#TN #InsuranceReform #CitizenPortal #TennesseeInsurance #ConsumerProtection

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Council members defer vote on key decision Council members confirm they are not prepared to vote yet.

Tennessee lawmakers faced a critical moment in a high-stakes insurance meeting, but when it came time to vote, the answer was a striking "not yet."

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#TN #TennesseeInsurance #CitizenPortal #InsuranceReform #ConsumerProtection #EconomicAccessibility

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Tennessee committee passes House Bill 502 for Kleistra Syndrome coverage and recognition Committee approves House Bill 502 to cover diagnosis and treatment of Kleistra Syndrome.

Tennessee's Insurance Committee just took a bold step by passing House Bill 502, ensuring vital coverage for Kleistra Syndrome—an essential move for families in need!

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#TN #LegislativeReform #PublicPolicy #TennesseeInsurance #CitizenPortal #HealthcareAccess

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Tennessee General Assembly passes Senate Bill 999 to amend insurance code Lawmakers amend multiple Titles in Tennessee Insurance Code with Senate Bill 999.

Tennessee is on the brink of a major shift in its insurance landscape with Senate Bill 999, a game-changer aimed at modernizing outdated regulations and boosting market competition.

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#TN #RegulatoryReform #ConsumerProtection #EconomicImpact #TennesseeInsurance #CitizenPortal

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