House Bill 935 amends the Tennessee Code Annotated by adding a provision that allows county legislative bodies to mandate a competitive bidding process for insurance brokerage services, provided that the county has adopted the County Purchasing Law of 1957. This new part emphasizes the authority of counties to implement a bidding process, thereby enhancing transparency and competition in the procurement of insurance services.

The bill is set to take effect immediately upon becoming law, reflecting the urgency of the public welfare in ensuring that counties can effectively manage their insurance brokerage services through competitive means. This legislative change aims to improve the governance and financial management of county resources in Tennessee.