File Code: Business Regulation and Occupations
- Sponsored By:
-
Senator Astle
- Entitled:
-
Service Contracts
Requiring providers of service contracts in the State to insure all
service contracts under a reimbursement insurance policy, maintain a
funded reserve account, and provide a financial security deposit on
request to the Secretary of Labor, Licensing, and Regulation, or
maintain a net worth of $100 million and provide specified security
filings or audited financial statements on request to the Secretary;
requiring each service contract sold or offered for sale in the State
to contain specified provisions; etc.
Senate Action
- 2/2
- First Reading Finance
- 2/6
- Hearing 3/6 at 1:00 p.m.
- 2/13
- Hearing cancelled
- Hearing 2/22 at 1:00 p.m.
- 2/15
- Hearing cancelled
- Hearing 3/6 at 1:00 p.m.
- 3/23
- Unfavorable Report by Finance
House Action
- No Action
- Bill indexed under the following Subjects:
- ATTORNEY GENERAL
- COMMERCE AND BUSINESS -see also- DEALERS; TRADERS; etc
- CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
- CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT
- EQUIPMENT -see also- MOTOR VEHICLE EQUIPMENT
- INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
- LABOR, LICENSING, AND REGULATION, DEPARTMENT OF
- LICENSES -see also- ALCOHOLIC BEV LIC; DRIVERS' LICENSES
- RECORDS -see also- LAND RECORDS; VITAL RECORDS
- SECURITY DEPOSITS
- WARRANTIES
- Bill affects the following Statutes:
- Business Regulation
- (
20-101 ,
20-102 ,
20-103 ,
20-104 ,
20-105 ,
20-106 ,
20-107
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered