Senate Bill 1996, also known as House Bill 1920, proposes an amendment to Tennessee Code Annotated, specifically Section 3-1-106(f)(1). The bill seeks to increase 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 current law.

The act is set to take effect on November 3, 2026, emphasizing the necessity for this adjustment in the context of public welfare. The proposed increase aims to better align the financial threshold with current economic conditions.

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