WA People
BILL · 2015–16 SESSION · LATEST VERSION ESHB 2355

HB 2355: Service contract providers

Concerning registered service contract and protection product guarantee providers.

Summary

  • Amends financial responsibility requirements applicable to service contract providers.
  • Amends requirement to prove solvency when registering as a service contract or protection product guarantee provider.
  • Provides that certain service contract providers need not submit audited financial statements as part of their annual reporting to the Insurance Commissioner.
  • Defines "motor vehicle service contract" for the purposes of exemptions from certain regulations.
  • Eliminates the Insurance Commissioner's authority to request additional information during registration.

From the Engrossed Substitute House Bill Report (ESHB 2355), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed House, stalled in Senate
  1. IntroducedJan 11, 2016
  2. Out of committeeJan 25, 2016
  3. Passed HouseFeb 16, 2016
  4. Passed Senatestopped here
  5. Governor
  6. Law
Prime sponsor
Steve Kirby (D-29)
Introduced
January 11, 2016 in the House
Last action
March 10, 2016
Companion bill
SB 6309
Budget
Has a fiscal note
Versions
HB 2355, ESHB 2355

AN ACT Relating to registered service contract and protection product guarantee providers;

Sponsors

Prime sponsor: Steve Kirby (D-29)

2 co-sponsors (1 Democrat, 1 Republican)

Brandon Vick R-18Brian Blake D-19

Votes

House · Final Passage

Passed February 16, 2016
Version voted on: HB 2355
92 Yea 6 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat50000
Republican42600
How each member voted

Yea (92)

Permalink to this vote

History

  1. By resolution, reintroduced and retained in present status. (ESHB 2355)
  2. By resolution, returned to House Rules Committee for third reading. (ESHB 2355)
  3. Senate Rules "X" file. (ESHB 2355)
  4. Placed on second reading by Rules Committee. (ESHB 2355)
  5. Passed to Rules Committee for second reading. (ESHB 2355)
  6. FI - Majority; do pass. (ESHB 2355)
  7. First reading, referred to Financial Institutions & Insurance. (ESHB 2355)
  8. Third reading, passed; yeas, 92; nays, 6; absent, 0; excused, 0. (ESHB 2355)
  9. Rules suspended. Placed on Third Reading. (ESHB 2355)
  10. Floor amendment(s) adopted. (ESHB 2355)
  11. 1st substitute bill substituted. (ESHB 2355)
  12. 1st substitute bill substituted.
  13. Placed on second reading by Rules Committee. (ESHB 2355)
  14. Placed on second reading by Rules Committee.
  15. Referred to Rules 2 Review. (ESHB 2355)
  16. Referred to Rules 2 Review.
  17. BFS - Majority; 1st substitute bill be substituted, do pass. (ESHB 2355)
  18. BFS - Majority; 1st substitute bill be substituted, do pass.
  19. First reading, referred to Business & Financial Services (Not Officially read and referred until adoption of Introduction report).
  20. Prefiled for introduction.

HB 2355 in other sessions

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

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