BILL · 2015–16 SESSION · LATEST VERSION ESSB 6309

SB 6309: Service contract providers

Addressing 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 (ESSB 6309), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 224, Laws of 2016
  1. IntroducedJan 14, 2016
  2. Out of committeeJan 28, 2016
  3. Passed SenateFeb 17, 2016
  4. Passed HouseMar 3, 2016
  5. GovernorApr 1, 2016
  6. LawApr 1, 2016
Prime sponsor
Jan Angel (R-26)
Introduced
January 14, 2016 in the Senate
Last action
April 1, 2016
Session law
Chapter 224, Laws of 2016
Companion bill
HB 2355
Budget
Has a fiscal note
Versions
SB 6309, ESSB 6309

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

Sponsors

Prime sponsor: Jan Angel (R-26)

1 co-sponsor (1 Democrat, 0 Republicans)

Votes

Senate · 3rd Reading & Final Passage

Passed February 17, 2016
Version voted on: ESSB 6309
49 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat24000
Republican25000
How each member voted

House · Final Passage

Passed March 3, 2016
Version voted on: ESSB 6309
92 Yea 4 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat50000
Republican42402
How each member voted

Yea (92)

Excused (2)

History

  1. Effective date 6/9/2016. (ESSB 6309)
  2. Chapter 224, 2016 Laws. (ESSB 6309)
  3. Governor signed. (ESSB 6309)
  4. Delivered to Governor. (ESSB 6309)
  5. Speaker signed. (ESSB 6309)
  6. President signed. (ESSB 6309)
  7. Third reading, passed; yeas, 92; nays, 4; absent, 0; excused, 2. (ESSB 6309)
  8. Rules suspended. Placed on Third Reading. (ESSB 6309)
  9. Placed on second reading. (ESSB 6309)
  10. Referred to Rules 2 Review. (ESSB 6309)
  11. BFS - Majority; do pass. (ESSB 6309)
  12. First reading, referred to Business & Financial Services (Not Officially read and referred until adoption of Introduction report). (ESSB 6309)
  13. Third reading, passed; yeas, 49; nays, 0; absent, 0; excused, 0. (ESSB 6309)
  14. Rules suspended. Placed on Third Reading. (ESSB 6309)
  15. Floor amendment(s) adopted. (ESSB 6309)
  16. 1st substitute bill substituted. (ESSB 6309)
  17. 1st substitute bill substituted.
  18. Placed on second reading by Rules Committee. (ESSB 6309)
  19. Placed on second reading by Rules Committee.
  20. Passed to Rules Committee for second reading. (ESSB 6309)
  21. FI - Majority; 1st substitute bill be substituted, do pass. (ESSB 6309)
  22. Minority; do not pass. (ESSB 6309)
  23. Minority; do not pass.
  24. FI - Majority; 1st substitute bill be substituted, do pass.
  25. Passed to Rules Committee for second reading.
  26. First reading, referred to Financial Institutions & Insurance.

SB 6309 in other sessions

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

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