House Bill 621 amends Tennessee Code Annotated, Title 56, Chapter 55, concerning the registration and renewal process for motor vehicle protection products. The bill modifies Section 56-55-104(b) by deleting the first sentence and replacing it with a requirement that warrantor registration records must be filed annually and updated within thirty days of any changes. Additionally, a new subsection (d) is added, which states that warrantors applying for renewal do not need to submit a copy of a previously registered warranty. Instead, they must provide written notification of any changes to the original registration information within the same thirty-day timeframe, without the need for a new registration application.

The act is set to take effect on July 1, 2025, and will apply to all renewals and notifications submitted after that date. This legislation aims to streamline the registration process for warrantors, reducing the administrative burden associated with warranty renewals while ensuring that the necessary updates to registration information are still communicated in a timely manner.

Statutes affected:
Introduced: 56-55-104(b), 56-55-104