House Bill 1916 amends Tennessee Code Annotated, specifically Section 62-13-104(b)(3)(B). The bill modifies the language regarding the application process for a firm license by replacing "Upon application for a firm license" with "Except as provided in subdivision (b)(3)(B)(iv), upon application for a firm license." Additionally, it introduces a new subdivision (iv) that states an affiliate broker or broker licensed under this chapter is not required to obtain additional licensure or complete the classroom hours in training programs previously outlined, as long as any vacation lodging services are conducted under the supervision of the principal broker.

The changes aim to streamline the licensing process for affiliate brokers and brokers, reducing the burden of additional training requirements while ensuring that vacation lodging services remain supervised. This legislation is set to take effect upon becoming law, emphasizing the public welfare.

Statutes affected:
Introduced: 62-13-104(b)(3)(B)(i), 62-13-104, 62-13-104(b)(3)(B)
Amended with HA0605 -- 04/22/2026: 62-13-104(b)(3)(B)(i), 62-13-104, 62-13-104(b)(3)(B)