SB0094 (CH0043)

Find a 2017 Bill:

2017 Regular Session

 

Entitled:

Insurance Premiums - Payment by Credit Card - Reimbursement for Expenses

Sponsored by:

Senator Reilly

Status:

Approved by the Governor - Chapter 43


Synopsis:Providing that specified provisions of law do not prohibit insurance producers from charging and collecting from insureds actual expenses incurred by the insurance producer for payment of the premium for a policy by use of a credit card, subject to specified conditions; requiring an insurance producer, under specified circumstances, to fully disclose the availability of all acceptable payment methods and any charge for actual expenses incurred; providing that specified credit card expenses may not be considered premium under the Act; etc.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Senator Reilly
Additional Facts:Cross-filed with: HB0800
Bill File Type: Regular
Effective Date(s): October 1, 2017
Committee(s):
Finance  View Committee HearingEconomic Matters
Broad Subject(s):Insurance - Other than Health
Narrow Subject(s):Agents and Brokers
Credit
Disclosure
Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates
Insurance -see also- Health Ins; MAIF; Motor Vehicle Ins
Prices -see also- Consumer Price Index
Reimbursement Rates
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Statutes:Article - Insurance
(27-216)

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November 28, 2017 1:09 P.M.