---
type: "Bill"
title: "Insurance, Liability - As enacted, expands the conditions under which certain contracts between a taxpayer and tax preparation service company are not considered contracts of insurance to include circumstances when the tax preparation service company obtains a contractual liability insurance policy or posts a bond. - Amends TCA Title 56, Chapter 7, Part 1."
description: "Insurance, Liability - As enacted, expands the conditions under which certain contracts between a taxpayer and tax preparation service company are not considered contracts of insurance to include circumstances when the tax preparation service company obtains a contractual liability insurance policy or posts a bond. - Amends TCA Title 56, Chapter 7, Part 1."
jurisdiction: "us/states/tn"
legislature: "Tennessee General Assembly"
session: "113"
identifier: "SB 1698"
citation: "Tennessee SB 1698 (113)"
classification: ["bill"]
subjects: ["Insurance", "Liability"]
status: "enacted"
primary_sponsors: ["Bailey"]
version_count: 1
action_count: 18
vote_count: 5
first_action: "2024-01-09"
last_action: "2024-04-08"
source: "openstates"
source_identifier: "ocd-bill/f5ee8065-5582-4bda-acd3-3d76c516901c"
source_url: "http://wapp.capitol.tn.gov/apps/BillInfo/default.aspx?BillNumber=SB1698&GA=113"
source_hash: "7067f5e5f1066a50b7a613cb6720e683d672949f9a34821e25284a0d29614b04"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-tn"]
---

# Tennessee SB 1698 (113) — Insurance, Liability - As enacted, expands the conditions under which certain contracts between a taxpayer and tax preparation service company are not considered contracts of insurance to include circumstances when the tax preparation service company obtains a contractual liability insurance policy or posts a bond. - Amends TCA Title 56, Chapter 7, Part 1.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Current Version** (committee substitute) — [source](https://www.capitol.tn.gov/Bills/113/Bill/SB1698.pdf)

## Votes

- SENATE COMMERCE AND LABOR COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 2/6/2024 Passed — **7–0** (pass) · upper
- FLOOR VOTE: Motion to Adopt 2/12/2024 Passed (1) — **33–0** (pass) · upper
- SENATE COMMERCE AND LABOR COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 2/6/2024 Passed (1) — **7–0** (pass) · upper
- SENATE COMMERCE AND LABOR COMMITTEE: Recommended for passage, refer to Senate Calendar Committee 2/6/2024 Passed (2) — **7–0** (pass) · upper
- FLOOR VOTE: Motion to Adopt 2/12/2024 Passed — **33–0** (pass) · upper

## Sponsors

- Bailey — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2024-01-09** Filed for introduction `filing`
- **2024-01-11** Introduced, Passed on First Consideration `introduction`
- **2024-01-22** Passed on Second Consideration, refer to Senate Commerce and Labor Committee `passage`
- **2024-01-30** Placed on Senate Commerce and Labor Committee calendar for 2/6/2024
- **2024-02-06** Recommended for passage, refer to Senate Calendar Committee
- **2024-02-09** Placed on Senate Consent Calendar 2 for 2/12/2024
- **2024-02-12** Engrossed; ready for transmission to House `receipt`
- **2024-02-12** Passed Senate, Ayes 33, Nays 0 `passage`
- **2024-02-15** Rcvd. from S., held on H. desk.
- **2024-03-18** Passed H., Ayes 94, Nays 0, PNV 0 `passage`
- **2024-03-18** Subst. for comp. HB. `substitution`
- **2024-03-20** Signed by Senate Speaker `passage`
- **2024-03-20** Enrolled and ready for signatures `enrolled`
- **2024-03-26** Transmitted to Governor for action. `executive-receipt`
- **2024-03-26** Signed by H. Speaker `passage`
- **2024-04-04** Signed by Governor. `executive-signature`
- **2024-04-08** Effective date(s) 07/01/2024
- **2024-04-08** Pub. Ch. 640

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/f5ee8065-5582-4bda-acd3-3d76c516901c`. Confidence: reported (aggregated from official Tennessee legislature records).