BILL · 2017–18 SESSION
SB 6042: Service contract providers
Concerning service contract providers.
Summary
- Replaces the term "solvency" for service contract providers and protection product guarantee providers with a minimum net worth or stockholder's equity requirement of $200,000 or more.
- Specifies how a company's net worth or stockholder's equity is calculated.
From the Senate Bill Report (SB 6042), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · stalled on the Senate floor
- IntroducedJan 8, 2018
- Out of committeeFeb 2, 2018
- Passed Senatestopped here
- Passed House
- Governor
- Law
- Prime sponsor
- Steve Hobbs (D-44)
- Introduced
- January 8, 2018 in the Senate
- Last action
- February 22, 2018
- Companion bill
- EHB 2309
- Budget
- Has a fiscal note
AN ACT Relating to service contract providers;
Sponsors
Prime sponsor: Steve Hobbs (D-44)
2 co-sponsors (1 Democrat, 1 Republican)
Votes
No recorded floor votes.
History
- Senate Rules "X" file.
- Passed to Rules Committee for second reading.
- Minority; without recommendation.
- FI - Majority; do pass.
- First reading, referred to Financial Institutions & Insurance.
- Prefiled for introduction.
SB 6042 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- SB 6042 (2025–26) School maps
- SB 6042 (2023–24) Juvenile detention release
- SB 6042 (2019–20) Title-only bills
- SB 6042 (2015–16) Cadmium/children's jewelry
- SB 6042 (2013–14) Higher ed appropriations
- SB 6042 (2011–12) Art work appropriations
- SB 6042 (2009–10) Contaminated food products
- SB 6042 (2007–08) Recess in elementary school