HB 432 - SB 499 FISCAL NOTE Fiscal Review Committee Tennessee General Assembly February 3, 2025 Fiscal Analyst: Arielle Woodmore | Email: arielle.woodmore@capitol.tn.gov | Phone: 615-741-2564 HB 432 - SB 499 SUMMARY OF BILL: Requires an original equipment manufacturer of agricultural equipment and parts for such equipment to provide an independent repair provider or owner of the manufacturer's equipment any documentation, parts, or tools required for the diagnosis, maintenance, or repair of the agricultural equipment and parts for such equipment inclusive of any updates. Requires the documentation, parts, and tools be made available either directly by the original equipment manufacturer or an authorized repair provider and distributor. Provides certain prohibitions for original equipment manufacturers. Establishes a violation of such as an unfair or deceptive act or practice under the Consumer Protection Act of 1977. FISCAL IMPACT: NOT SIGNIFICANT Assumptions: • Any increase in the number of complaints handled by the Attorney General is estimated to be not significant and can be handled by existing staff during normal work hours. • Committing an unfair or deceptive practice under the Consumer Protection Act of 1977 is a Class B misdemeanor offense. • There will not be a sufficient number of prosecutions for state or local government to experience any significant increase in revenue or expenditures. IMPACT TO COMMERCE: NOT SIGNIFICANT Assumption: • The net impact to commerce or jobs in Tennessee is estimated to be not significant. CERTIFICATION: The information contained herein is true and correct to the best of my knowledge. Bojan Savic, Executive Director