BILL · 2013–14 SESSION · LATEST VERSION SSB 5977

SB 5977: Protection product guarantee

Addressing the regulation of service contracts and protection product guarantees.

Summary

  • Expands the scope of services allowed under a "service contract."
  • Clarifies the definition of a "protection product."
  • Permits service contract providers to submit certified financial statements to demonstrate financial responsibility in lieu of audited financial statements.

From the Substitute House Bill Report (SSB 5977), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 82, Laws of 2014
  1. IntroducedJan 13, 2014
  2. Out of committeeJan 24, 2014
  3. Passed SenateFeb 14, 2014
  4. Passed HouseMar 6, 2014
  5. GovernorMar 27, 2014
  6. LawMar 27, 2014
Prime sponsor
Steve Hobbs (D-44)
Introduced
January 13, 2014 in the Senate
Last action
March 27, 2014
Session law
Chapter 82, Laws of 2014
Companion bill
HB 2135
Versions
SB 5977, SSB 5977

AN ACT Relating to the regulation of service contracts and protection product guarantees;

Sponsors

Prime sponsor: Steve Hobbs (D-44)

1 co-sponsor (0 Democrats, 1 Republican)

Votes

Senate · 3rd Reading & Final Passage

Passed February 14, 2014
Version voted on: SSB 5977
49 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat25000
Republican24000
How each member voted

House · Final Passage as Amended by the House

Passed March 6, 2014
Version voted on: SSB 5977
96 Yea 0 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat53002
Republican43000
How each member voted

Yea (96)

Excused (2)

Senate · Final Passage as Amended by the House

Passed March 10, 2014
Version voted on: SSB 5977
49 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat25000
Republican24000
How each member voted

History

  1. Effective date 6/12/2014. (SSB 5977)
  2. Chapter 82, 2014 Laws. (SSB 5977)
  3. Governor signed. (SSB 5977)
  4. Delivered to Governor. (SSB 5977)
  5. Speaker signed. (SSB 5977)
  6. President signed. (SSB 5977)
  7. Passed final passage; yeas, 49; nays, 0; absent, 0; excused, 0. (SSB 5977)
  8. Senate concurred in House amendments. (SSB 5977)
  9. Third reading, passed; yeas, 96; nays, 0; absent, 0; excused, 2. (SSB 5977)
  10. Rules suspended. Placed on Third Reading. (SSB 5977)
  11. Committee amendment adopted with no other amendments. (SSB 5977)
  12. Rules Committee relieved of further consideration. Placed on second reading. (SSB 5977)
  13. Passed to Rules Committee for second reading. (SSB 5977)
  14. BFS - Executive action taken by committee. (SSB 5977)
  15. BFS - Majority; do pass with amendment(s). (SSB 5977)
  16. First reading, referred to Business & Financial Services (Not Officially read and referred until adoption of Introduction report). (SSB 5977)
  17. Third reading, passed; yeas, 49; nays, 0; absent, 0; excused, 0. (SSB 5977)
  18. Rules suspended. Placed on Third Reading. (SSB 5977)
  19. 1st substitute bill substituted. (SSB 5977)
  20. 1st substitute bill substituted.
  21. Placed on second reading by Rules Committee. (SSB 5977)
  22. Placed on second reading by Rules Committee.
  23. Passed to Rules Committee for second reading. (SSB 5977)
  24. FIHI - Majority; 1st substitute bill be substituted, do pass. (SSB 5977)
  25. FIHI - Majority; 1st substitute bill be substituted, do pass.
  26. Passed to Rules Committee for second reading.
  27. First reading, referred to Financial Institutions, Housing & Insurance.
  28. Prefiled for introduction.

SB 5977 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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