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HB1145 • 2026

Business Organizations

AN ACT to amend Tennessee Code Annotated, Title 4; Title 39; Title 47; Title 48; Title 62 and Title 63, relative to businesses.

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Boyd, Bailey
Last action
2025-02-12
Official status
P2C, caption bill, held on desk - pending amdt.
Effective date
Not listed

Plain English Breakdown

The bill does not provide details on the consequences of missing the new filing deadline or how it will affect existing regulations and practices.

Changing Filing Dates for Professional Corporations

This bill changes the deadline from January 1 to January 15 for professional corporations to submit an annual statement of qualification.

What This Bill Does

  • Changes the filing deadline from January 1 to January 15 for domestic and foreign professional corporations in Tennessee.
  • Requires these changes under Titles 4, 39, 47, 48, 62, and 63 of the Tennessee Code Annotated.

Who It Names or Affects

  • Professional corporations operating in Tennessee
  • Licensing authorities responsible for reviewing professional service qualifications

Terms To Know

professional corporation
A business entity that provides professional services and is incorporated under state law.
licensing authority
An organization or agency responsible for issuing licenses to professionals in specific fields.

Limits and Unknowns

  • The bill does not specify the consequences of missing the new filing deadline.
  • It is unclear how this change will affect existing regulations and practices.

Bill History

  1. 2025-02-12 Tennessee General Assembly

    P2C, caption bill, held on desk - pending amdt.

  2. 2025-02-12 Tennessee General Assembly

    Passed on Second Consideration, refer to Senate Commerce and Labor Committee

  3. 2025-02-10 Tennessee General Assembly

    Intro., P1C.

  4. 2025-02-10 Tennessee General Assembly

    Introduced, Passed on First Consideration

  5. 2025-02-05 Tennessee General Assembly

    Filed for introduction

  6. 2025-02-04 Tennessee General Assembly

    Filed for introduction

Official Summary Text

Abstract summarizes the bill.

Current Bill Text

Read the full stored bill text
SENATE BILL 768
By Bailey

HOUSE BILL 1145
By Boyd

HB1145
002800
- 1 -

AN ACT to amend Tennessee Code Annotated, Title 4;
Title 39; Title 47; Title 48; Title 62 and Title 63,
relative to businesses.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
SECTION 1. Tennessee Code Annotated, Section 48-101-629(b), is amended by
deleting "January 1" wherever it appears and substituting "January 15".
SECTION 2. This act takes effect upon becoming a law, the public welfare requiring it.