New Tennessee construction legislation brings significant changes to industry

The Tennessee legislature recently passed the Construction Industry Payment Protection Act (CIPPA), SB2681/HB2706, which offers significant changes to the Tennessee construction industry. Not only does the act amend Tennessee’s existing lien laws and construction defect statutes – including the statute of repose for construction and design defect actions – but it also impacts the Prompt Pay Act and the Truth in Construction Act. This story will address the changes and the legislature’s…