BILL · 2013–14 SESSION · LATEST VERSION SSB 5978

SB 5978: Service contracts regulation

Addressing the regulation of service contracts and protection product guarantees.

Summary

  • The registration requirements for service contract providers are amended. The audited annual financial documents required for registration do not apply to service contract providers that insure all service contracts under a reimbursement insurance policy through an insurer or risk-retention group as prescribed in statute.

From the Senate Bill Report (Orig.) (SB 5978), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the Senate floor
  1. IntroducedJan 13, 2014
  2. Out of committeeJan 30, 2014
  3. Passed Senatestopped here
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Steve Hobbs (D-44)
Introduced
January 13, 2014 in the Senate
Last action
February 25, 2014
Companion bill
HB 2136
Versions
SB 5978, SSB 5978

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

No recorded floor votes.

History

  1. Senate Rules "X" file. (SSB 5978)
  2. Senate Rules "X" file.
  3. Placed on second reading by Rules Committee. (SSB 5978)
  4. Placed on second reading by Rules Committee.
  5. Passed to Rules Committee for second reading. (SSB 5978)
  6. Passed to Rules Committee for second reading.
  7. FIHI - Majority; 1st substitute bill be substituted, do pass. (SSB 5978)
  8. FIHI - Majority; 1st substitute bill be substituted, do pass.
  9. First reading, referred to Financial Institutions, Housing & Insurance.
  10. Prefiled for introduction.

SB 5978 in other sessions

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

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