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Notice - Date for New Rules for TN Collection Service Board, Collection Service Board 08/03/2022

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Notice of Effective Date for New Rules for
Tennessee Collection Service Board

Pursuant to Tenn. Code Ann. § 4-3-1306(d), you are receiving this notice because you have elected to receive notification by e-mail of certain changes or potential changes to the law applicable to your profession.


The Tennessee Collection Service Board (herein, Board) voted to approve these rules at a rulemaking hearing conducted on April 13, 2022. These rules were filed with the Secretary of State on August 1, 2022. The rules will become effective on October 30, 2022. The rules have been filed as Rulemaking Hearing Rules and will be promulgated ninety (90) days from the filing date.


The proposed rules are in response to statutory changes made with the passage of Public Chapter 549 signed into law on May 26, 2021, by Governor Bill Lee which became effective on October 1, 2021. Specifically, Tenn. Code Ann. § 62-20-102(7) defined “solicitor” and 62-20-111 required solicitors to register for solicitor cards to conduct collection services. Solicitor cards acted as an additional registration requirement and required an additional fee. Effective October 1, 2021, Public Chapter 549, removed “solicitor” from the statutory definitions and deleted 62-20-111 in its entirety, effectively eliminating solicitor cards and associated fees. Further, Tenn. Code Ann. § 62-20-105(c) required a licensed collection service maintaining more than one (1) place of business within the state to register each place of business separately as a branch location and to pay a separate fee associated with any registered branch location. Effective October 1, 2021, Public Chapter 549 removed the requirement for branch locations to register for licensure and their associated fees have been removed as a licensing requirement.


A copy of the rules considered at the rulemaking hearing can be viewed online at:


https://publications.tnsosfiles.com/rules_filings/08-02-22.pdf


Pursuant to the Tennessee Open Meetings Act (Tenn. Code Ann. § 8-44-101, et. seq.), the above- If you have any comments regarding the rules, you may either submit your written comments in advance of the board meeting to Hugh Cross, Assistant General Counsel, at (615) 741-3072 or electronically at Hugh.Cross@tn.gov.

Dept. of Commerce & Insurance | 500 James Robertson Pkwy | Nashville, TN 37243-0565
(615) 741-2241
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