SB 1051 - HB 1340
FISCAL NOTE
Fiscal Review Committee
Tennessee General Assembly
February 27, 2025
Fiscal Analyst: Christine Drescher | Email: christine.drescher@capitol.tn.gov | Phone: 615-741-2564
SB 1051 - HB 1340
SUMMARY OF BILL: Requires a person to complete a course of instruction concerning
online notarization and pass the examination administered by the course provider in order to qualify
to be commissioned as an online notary public. Specifies that the course of instruction be approved
by the Secretary of State (SOS) or their authorized representative or designee. Effective January 1,
2026.
FISCAL IMPACT:
NOT SIGNIFICANT
Assumptions:
• Pursuant to the proposed legislation, the course of instruction on online notarization must
include notarial laws, technology procedures of online notarizations, and ethical
requirements for online notaries.
• The cost of completion and passage of an online course will be borne by private parties to
private parties.
• The proposed legislation will not result in any significant change in the number of
individuals who seek commission as an online notary public; therefore, the will be no
subsequent change in the revenue associated with the initial application fee.
• The SOS, or their authorized representative or designee, can approve courses of instruction
by utilizing existing staff and resources and without any significant fiscal impact.
CERTIFICATION:
The information contained herein is true and correct to the best of my knowledge.
Bojan Savic, Executive Director