2006 Regular Session

HOUSE BILL 597

CHAPTER NUMBER: 182 File Code: Insurance - Other than Health
Sponsored By:
Delegates Haddaway, D. Davis, Elmore, Impallaria, Krebs, McHale, Moe, Parrott, Smigiel, and Walkup
Entitled:
Insurance - Prohibited Acts - Inducements to Financing an Insurance Contract

Synopsis:

Prohibiting an insurance producer, employee of an insurance producer, or other person from accepting, directly or indirectly, any valuable consideration as an inducement to facilitate an agreement to finance a specified insurance premium.

History by Legislative Date

House Action
2/2
First Reading Economic Matters
2/8
Hearing 2/22 at 1:00 p.m.
3/20
Favorable with Amendments Report by Economic Matters
3/19
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/20
Third Reading Passed (137-0)
4/5
Returned Passed
Senate Action
3/23
First Reading Finance
3/27
Hearing 4/4 at 1:00 p.m.
4/4
Favorable Report by Finance
Favorable Report Adopted
Second Reading Passed
4/5
Third Reading Passed (46-0)
Action after passage in House and Senate
4/25
Signed by the Governor Chapter 182

Sponsored by:

Delegate Jeannie Haddaway, District 37B
Delegate Dereck E. Davis, District 25
Delegate D. Page Elmore, District 38A
Delegate Rick Impallaria, District 7
Delegate Susan W. Krebs, District 9B
Delegate Brian K. McHale, District 46
Delegate Brian R. Moe, District 21
Delegate Joanne S. Parrott, District 35A
Delegate Michael D. Smigiel, Sr., District 36
Delegate Mary Roe Walkup, District 36

Bill indexed under the following Subjects:

AGENTS AND BROKERS
CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT
FINANCE COMPANIES
INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
UNFAIR TRADE PRACTICES

Bill affects the following Statute:

Insurance
( 23-502 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments (Displayed in WordPerfect 8 Format):
House
Number: 133290/01 (PDF)     Offered on: March 21, 2006   at: 10:26 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 20, 2006: Third Reading Passed (137-0)
Senate
April 5, 2006: Third Reading Passed (46-0)