2004 Regular Session

HOUSE BILL 941

CHAPTER NUMBER: 211 File Code: Insurance - Other than Health Crossfiled with: SENATE BILL 551
Sponsored By:
Delegates Harrison, Kirk, and Krysiak
Entitled:
Insurance - Premium Financing - Electronic Payment Fee

Synopsis:

Requiring a premium finance agreement to include a specified disclosure; authorizing a premium finance agreement to require the insured to pay an electronic payment fee if the insured elects to pay the premium finance company by means of an electronic payment; limiting the amount to be charged as an electronic payment fee to $8; etc.

History by Legislative Date

House Action
2/11
First Reading Economic Matters
2/12
Hearing 2/24 at 1:00 p.m.
4/6
Favorable with Amendments Report by Economic Matters
4/3
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/4
Third Reading Passed (120-19)
4/8
Returned Passed
4/27
Signed by the Governor Chapter 211
Senate Action
4/6
First Reading Senate Rules
4/9
Re-referred Finance
Hearing 4/9 at 1:00 p.m.
4/10
Favorable Report by Finance
4/8
Favorable Report Adopted
Second Reading Passed
4/9
Third Reading Passed (37-7)
Sponsored by:
Delegate Hattie N. Harrison, District 45
Delegate Ruth M. Kirk, District 44
Delegate Carolyn J. Krysiak, District 46
Bill indexed under the following Subjects:
DISCLOSURE
ELECTRONIC FUNDS TRANSFER
FEES -see also- DEVELOPMENT FEES AND TAXES
INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
Bill affects the following Statutes:
Insurance
( 23-301 , 23-303 , 23-307.1 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
House
Number: 673992/01 (PDF)     Offered on: April 6, 2004   at: 10:21 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
April 4, 2004: Third Reading Passed (120-19)
Senate
April 9, 2004: Third Reading Passed (37-7)