HB 28
FISCAL NOTE
Fiscal Review Committee
Tennessee General Assembly
January 6, 2025
Fiscal Analyst: Laura Moore | Email: laura.moore@capitol.tn.gov | Phone: 615-741-2564
HB 28
SUMMARY OF BILL: Prohibits a visually impaired owner of a motor vehicle from being
required to obtain a commercial motor vehicle liability policy in lieu of a standard owner’s liability
insurance policy if the covered motor vehicle is not used for commercial purposes. Specifies that
the term “commercial purposes” does not include a visually impaired person paying or employing a
driver to operate the visually impaired owner’s personal motor vehicle on behalf of or for the benefit
of the visually impaired owner in a manner that would be considered for personal use.
FISCAL IMPACT:
NOT SIGNIFICANT
Assumptions:
• The costs of maintaining and providing proof of financial responsibility for a motor vehicle
are borne by private individuals and private insurers.
• There will not be any significant change in the amount of insurance coverage purchased
statewide; therefore, any impact on insurance premium tax revenue is estimated to be not
significant.
IMPACT TO COMMERCE:
NOT SIGNIFICANT
Assumption:
• The provisions of the proposed legislation will not result in a significant impact to
commerce or jobs in Tennessee.
CERTIFICATION:
The information contained herein is true and correct to the best of my knowledge.
Bojan Savic, Executive Director