Tennessee House Bill HB1896

Tennessee 2023-2024 Regular Session

• Introduced: 1/22/24
• Refer: 1/25/24

Caption

AN ACT to amend Tennessee Code Annotated, Title 4, Chapter 9; Title 45; Title 47 and Title 56, relative to consumer protection.

Impact

The implications of HB1896 on state law are significant as it introduces requirements that financial institutions and insurers must follow when evaluating customers. Specifically, the bill mandates that these entities base their service provision and conditions on objective, risk-based assessments rather than subjective metrics like a 'social credit score' or other non-financial factors. This approach seeks to bolster consumer rights and protect individuals from potential biases in service delivery, enhancing the legal framework surrounding consumer protection in Tennessee.

Summary

House Bill 1896 aims to amend various sections of the Tennessee Code Annotated concerning consumer protection, particularly focusing on the operations of financial institutions and insurers. The bill establishes provisions that prohibit discrimination against individuals based on specific non-quantitative factors, such as political opinions, religious beliefs, and social associations. It focuses on ensuring that financial services are not denied based on a person's beliefs or affiliations, thereby promoting fair treatment and access for all consumers in Tennessee.

Contention

There may be points of contention regarding the interpretation of 'religious purpose' as it allows financial institutions to make decisions based on customers' religious affiliations. This provision could lead to debates over the balance between religious freedom and consumer rights, as well as concerns about potential misuse of the allowances provided by the bill. Additionally, opponents might argue that the detailed categorization of discrimination factors could complicate compliance for businesses and might lead to various legal interpretations that undermine the bill's intent.