House Bill 1920 amends Tennessee Code Annotated, specifically Section 3-1-106(f)(1), by increasing the monetary threshold from "one thousand two hundred fifty dollars ($1,250)" to "two thousand two hundred fifty-one dollars ($2,251)." This change reflects an adjustment in the financial limit set within the statute.

The bill is set to take effect on November 3, 2026, ensuring that the new threshold will be implemented in the future, as required for public welfare.

Statutes affected:
Introduced: 3-1-106(f)(1), 3-1-106