HB 1901 Credit insurance.
William P. Robinson, Jr. | all patrons    ...    notes
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Summary:
Credit insurance. Amends provisions relating to credit involuntary unemployment insurance, credit life, and credit accident and sickness insurance. The bill defines “credit property insurance” to mean insurance against direct physical damage to personal household property (excluding motor vehicles, mobile homes and watercraft) used as security for a loan or other credit transaction. Under the bill, a credit property insurance agent may obtain a license as such an agent without taking a written examination. This bill also changes from 25 to 7 the number of days in which a loan or credit transaction must have been effective in order for an exemption from certain disclosure requirements to apply to credit involuntary unemployment insurance, credit life and credit accident and sickness insurance. Finally, regarding credit accident and sickness insurance, the bill authorizes joint coverage at rates not to exceed 165 percent of applicable rates.

Full text:
01/20/95  House: Presented & ordered printed LD5617432  pdf
02/04/95  House: Committee substitute printed LD8167432-H1  pdf
02/21/95  House: Bill text as passed House and Senate (HB1901ER)  pdf
03/15/95  Governor: Acts of Assembly Chapter text (CHAP0167)  pdf

Status:
01/20/95  House: Presented & ordered printed LD5617432
01/20/95  House: Referred to Committee on Corporations, Insurance and Banking
02/04/95  House: Reported from C. I. B. w/sub. (22-Y 0-N)
02/04/95  House: Committee substitute printed LD8167432-H1
02/05/95  House: Read first time
02/06/95  House: Read second time
02/06/95  House: Committee substitute agreed to LD8167432-H1
02/06/95  House: Engrossed by House - com. sub. LD8167432-H1
02/07/95  House: Read third time and passed House (Block Vote) (99-Y 0-N)
02/07/95  House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
02/07/95  House: Communicated to Senate
02/08/95  Senate: Read first time
02/08/95  Senate: Referred to Committee on Commerce and Labor
02/13/95  Senate: Reported from Commerce and Labor (9-Y 0-N 3-A)
02/14/95  Senate: Constitutional reading dispensed (39-Y 0-N)
02/14/95  Senate: VOTE: CONST. READING DISPENSED (39-Y 0-N)
02/15/95  Senate: Read third time
02/15/95  Senate: Passed Senate (38-Y 0-N)
02/15/95  Senate: VOTE: PASSAGE (38-Y 0-N)
02/21/95  House: Bill text as passed House and Senate (HB1901ER)
02/24/95  House: Enrolled
02/25/95  House: Signed by Speaker
02/25/95  Senate: Signed by President
03/10/95  Governor: Approved by Governor-Chapter 167 (effective 7/1/95)
03/15/95  Governor: Acts of Assembly Chapter text (CHAP0167)