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The sponsor of HB0772, Dennis Powers, has a significant personal financial interest in the insurance industry, as he is both an insurance agent and the owner of Dennis Powers Insurance Agency. This bill, which pertains to premium finance companies and their ability to impose fees, directly impacts the insurance sector. As an insurance agent and agency owner, Powers stands to benefit from legislation that could potentially increase the profitability of premium finance companies, which are integral to the insurance payment process. Furthermore, Powers' ownership of an insurance agency suggests a direct alignment with the bill's effects, as it could influence the financial mechanisms available to his business and potentially increase revenue through additional fees. While Powers also holds assets in the securities and investment industry, the primary concern here is his direct involvement in the insurance sector, which is closely tied to the bill's subject matter.
Unlike federal analysis based on campaign donations, state analysis examines legislators' personal financial interests — their jobs, businesses, and investments.
| Type | Description | Industry | Source |
|---|---|---|---|
| Occupation | Insurance Agent | — | AI-researched |
| Employer | Owner of Dennis Powers Insurance Agency | — | TN Legislature bio |
| Business Owner | Owner of Dennis Powers Insurance Agency | — | TN Legislature bio |
| Asset | CHARLES SCHWAB | Securities & Investment | TN Ethics Commission |
| Asset | EMPOWER | — | TN Ethics Commission |
| Asset | TIAA-CREF | — | TN Ethics Commission |
| Asset | Leadership PAC: POWPAC | — | 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.
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.
TN HB0772