HB 763 - SB 842 FISCAL NOTE Fiscal Review Committee Tennessee General Assembly February 26, 2025 Fiscal Analyst: Justin Billingsley | Email: justin.billingsley@capitol.tn.gov | Phone: 615-741-2564 HB 763 - SB 842 SUMMARY OF BILL : Clarifies that any governmental entity may purchase government tort liability insurance without a public bidding process, when such insurance is purchased through a plan authorized and approved by any organization of cities, counties, or other governmental entities. FISCAL IMPACT: NOT SIGNIFICANT Assumption: • This language clarifies current statute and will have no significant impact on state or local government. CERTIFICATION: The information contained herein is true and correct to the best of my knowledge. Bojan Savic, Executive Director