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SB1786 • 2026

Real Estate Agents and Brokers

AN ACT to amend Tennessee Code Annotated, Title 62, Chapter 13, relative to real estate licensees.

Active

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

Sponsor
Reeves, Boyd
Last action
2026-02-26
Official status
Rcvd. from S., held on H. desk.
Effective date
Not listed

Plain English Breakdown

The official source material does not provide specific details on how many firms will be affected by the bill.

Real Estate License Changes for Vacation Lodging

This bill changes Tennessee's real estate laws to exempt certain vacation lodging service agents from additional licensing and training requirements.

What This Bill Does

  • Exempts affiliate brokers or regular brokers from the need to obtain additional licensure or complete extra classroom hours if they work for a vacation lodging service firm.
  • Requires that any vacation lodging services must be under the supervision of the principal broker of an affiliate broker, regular broker, or firm.

Who It Names or Affects

  • Real estate agents and brokers in Tennessee who work with vacation lodging services.
  • Vacation lodging service firms that need designated agents for their business.

Terms To Know

Affiliate broker
A real estate agent or broker who works under another main broker's license.
Principal broker
The main broker in a real estate firm who supervises other brokers and agents.

Limits and Unknowns

  • It is not clear how many vacation lodging service firms will be affected by these changes.
  • The bill does not specify if there are any limits on the types of vacation lodging services that qualify for this exemption.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

Amendment 1-0 to HB1916

Plain English: The amendment changes Tennessee's real estate licensing requirements by allowing certain brokers to perform vacation lodging services without additional licensure under specific conditions.

  • Adds an exception that affiliate brokers or brokers do not need extra licenses or training for vacation lodging services if supervised by a principal broker.
  • Modifies the existing rule about applying for a firm license to include this new exception.
  • The amendment does not specify all details of how supervision should be conducted, leaving some aspects unclear.

Bill History

  1. 2026-04-09 Tennessee General Assembly

    Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2026

  2. 2026-03-11 Tennessee General Assembly

    Placed behind the budget

  3. 2026-03-04 Tennessee General Assembly

    Placed on s/c cal Finance, Ways, and Means Subcommittee for 3/11/2026

  4. 2026-03-04 Tennessee General Assembly

    Assigned to s/c Finance, Ways, and Means Subcommittee

  5. 2026-03-04 Tennessee General Assembly

    Rec. for pass. if am., ref. to Finance, Ways, and Means Committee

  6. 2026-02-26 Tennessee General Assembly

    Rcvd. from S., held on H. desk.

  7. 2026-02-25 Tennessee General Assembly

    Placed on cal. Commerce Committee for 3/4/2026

  8. 2026-02-23 Tennessee General Assembly

    Engrossed; ready for transmission to House

  9. 2026-02-23 Tennessee General Assembly

    Passed Senate, Ayes 32, Nays 0

  10. 2026-02-20 Tennessee General Assembly

    Placed on Senate Consent Calendar 2 for 2/23/2026

  11. 2026-02-18 Tennessee General Assembly

    Rec. for pass by s/c ref. to Commerce Committee

  12. 2026-02-18 Tennessee General Assembly

    Sponsor(s) Added.

  13. 2026-02-17 Tennessee General Assembly

    Recommended for passage, refer to Senate Calendar Committee

  14. 2026-02-11 Tennessee General Assembly

    Placed on s/c cal Business & Utilities Subcommittee for 2/18/2026

  15. 2026-02-10 Tennessee General Assembly

    Placed on Senate Commerce and Labor Committee calendar for 2/17/2026

  16. 2026-02-04 Tennessee General Assembly

    Assigned to s/c Business & Utilities Subcommittee

  17. 2026-02-04 Tennessee General Assembly

    P2C, ref. to Commerce Committee

  18. 2026-02-02 Tennessee General Assembly

    Intro., P1C.

  19. 2026-01-22 Tennessee General Assembly

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

  20. 2026-01-22 Tennessee General Assembly

    Filed for introduction

  21. 2026-01-21 Tennessee General Assembly

    Introduced, Passed on First Consideration

  22. 2026-01-20 Tennessee General Assembly

    Filed for introduction

Official Summary Text

Abstract summarizes the bill.

Current Bill Text

Read the full stored bill text 
HOUSE BILL 1916
By Boyd

SENATE BILL 1786
By Reeves
SB1786
011330
- 1 -

AN ACT to amend Tennessee Code Annotated, Title 62,
Chapter 13, relative to real estate licensees.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE:
SECTION 1. Tennessee Code Annotated, Section 62-13-104(b)(3)(B)(i), is amended by
deleting "Upon application for a firm license" and substituting "Except as provided in subdivision
(b)(3)(B)(iv), upon application for a firm license".
SECTION 2. Tennessee Code Annotated, Section 62-13-104(b)(3)(B), is amended by
adding the following as a new subdivision:
(iv) An affiliate broker or broker licensed under this chapter is not required to
obtain the additional licensure or complete the classroom hours in training programs
described in subdivisions (b)(3)(B)(i) and (ii); provided, that any vacation lodging
services must be under the supervision of the principal broker of any affiliate broker,
broker, or firm.
SECTION 3. This act takes effect upon becoming a law, the public welfare requiring it.