Senate Bill 1005 amends Tennessee Code Annotated, Section 47-18-104, specifically addressing the requirements for home service contracts. The bill deletes the existing language in subdivision (56) and replaces it with a new provision that mandates home service contracts issued or delivered to consumers in Tennessee to clearly specify the merchandise and services provided, along with any limitations, exceptions, or exclusions associated with those services.

The bill is set to take effect on July 1, 2023, and will apply to all home service contracts that are entered into, amended, or renewed on or after that date. This change aims to enhance transparency and consumer protection in the home service contract market by ensuring that consumers are fully informed about the terms of the contracts they are entering.

Statutes affected:
Introduced: 47-18-104(b), 47-18-104