TN SB1300

Proof Of Financial Responsibility

Passed Senate Jack Johnson (R)
Plain English Summary

Tennessee SB1300 changes who is responsible for issuing a certificate of financial responsibility for drivers. Instead of the commissioner of safety, the commissioner of revenue will now handle this task, confirming that a cash deposit or bond has been filed as required by state law. This update aims to streamline the process related to financial responsibility for drivers in Tennessee.

Supporters Say

Supporters of SB1300 would argue that this bill simplifies the process for drivers to prove their financial responsibility, making it more efficient. By shifting the responsibility to the commissioner of revenue, the bill could lead to better organization and management of financial records related to driving.

Critics Say

Critics of SB1300 may express concerns that changing the issuing authority could create confusion and delays for drivers needing proof of financial responsibility. They might argue that this shift could complicate the process rather than simplify it, potentially leading to more bureaucratic hurdles for Tennessee residents.

Conflict of Interest Analysis Personal Interests
2/10
Risk Level
Low
Policy Area
Transportation and Public Works
Industry Overlap
0%
Personal Conflicts
0 found

The bill SB1300 pertains to the amendment of financial responsibility regulations related to motor vehicles and insurance in Tennessee. The sponsor, Jack Johnson, has a diverse range of personal financial interests, primarily in the healthcare and consulting sectors, as well as investments in various funds. However, there is no direct overlap between his personal financial interests and the specific subject matter of the bill, which focuses on motor vehicle financial responsibility rather than healthcare or consulting services. Additionally, his role as Vice President of Client Relations at CIGNA Healthcare does not intersect with the transportation and insurance sectors addressed by the bill.

Sponsor's Personal Financial Interests

Unlike federal analysis based on campaign donations, state analysis examines legislators' personal financial interests — their jobs, businesses, and investments.

Type Description Industry Source
Occupation Vice President of Client Relations at a healthcare company AI-researched
Employer CIGNA Healthcare Health Services/HMOs TN Legislature bio
Business Owner Owner of a small business consulting firm AI-researched
Spouse Employer Owner of Johnson & Associates, a real estate company Real Estate AI-researched
Employer LFGS, LLC TN Ethics Commission
Employer COPART, INC. TN Ethics Commission
Employer BROWNING OIL COMPANY, INC. TN Ethics Commission
Business Owner BRIGHTSTONE BOARD MEMBER from Sep 2020 to current TN Ethics Commission
Asset FIDELITY PURITAN FUND Securities & Investment TN Ethics Commission
Asset FIDELITY CONTRA FUND Securities & Investment TN Ethics Commission
Asset FIDELITY OTC FUND Securities & Investment TN Ethics Commission
Asset VIRTUS NFS LARGE CAP FUND TN Ethics Commission
Asset COLUMBIA SELECT MID CAP FUND TN Ethics Commission
Asset JANUS ENTERPRISE FUND TN Ethics Commission
Asset FRANKLIN SMALL CAP FUND TN Ethics Commission
Asset DFA INTERNATIONAL VALUE FUND TN Ethics Commission
Asset BROWN CAPITAL SMALL COMPANY FUND TN Ethics Commission
Asset VANGUARD TOTAL BOND MARKET FUND Securities & Investment TN Ethics Commission
Asset VANGUARD INSTITUTIONAL INDEX FUND Securities & Investment TN Ethics Commission
Asset FIDELITY INTERNATIONAL DISCOVERY FUND Securities & Investment TN Ethics Commission
Asset COPART, INC TN Ethics Commission
Asset DODGE AND COX INCOME FUND TN Ethics Commission
Occupation Law, JUDGE TN Ethics Commission
Asset Leadership PAC: JACK PAC TN Ethics Commission

Items marked "AI-researched" are generated from public sources but have not been independently verified. Verified data is sourced from official legislature websites and disclosure filings.

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About This Analysis

This summary was generated using AI from the bill's official text and metadata. Data sourced from LegiScan and the Tennessee General Assembly. Conflict analysis examines the sponsor's personal financial interests for potential overlaps with the bill's subject matter.