Bill Summary
HB 359 Insurance (2020 Session)
Insurance: Revises electronic signature requirement for motor vehicle salvage certificate of title; authorizes payment of certain workers' compensation benefits to be transmitted to employee's account with licensed money transmitter; revises requirements & procedures for civil remedy notice provided to insurers & DFS; revises timeframe for insurer to pay damages; revises persons who may be licensed to transact in travel insurance; revises ratemaking factor for workers' compensation & employer's liability insurance; revises criteria for assessing residential condominium unit owner's loss assessment coverage; requires travel insurers to pay insurance premium tax on specified travel insurance premiums; specifies policyholder's or certificateholder's right to cancel travel protection plan for full refund. Effective Date: July 1, 2020
10/15/19
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Filed
10/23/19
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Referred to Insurance & Banking Subcommittee; Government Operations & Technology Appropriations Subcommittee; Commerce Committee
10/23/19
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Now in Insurance & Banking Subcommittee
01/13/20
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On Committee agenda - Insurance & Banking Subcommittee, 01/15/20, 3:30 pm, 404 H - PCS
01/15/20
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Favorable with CS by Insurance & Banking Subcommittee; 15 Yeas, 0 Nays
01/21/20
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Committee Substitute Text (C1) Filed
01/22/20
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Reference to Government Operations & Technology Appropriations Subcommittee removed; Remaining reference: Commerce Committee
01/22/20
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Now in Commerce Committee
02/18/20
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On Committee agenda - Commerce Committee, 02/20/20, 9:00 am, 212 K
02/20/20
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Favorable with CS by Commerce Committee; 20 Yeas, 0 Nays
02/21/20
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Committee Substitute Text (C2) Filed
02/24/20
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Placed on Calendar, on 2nd reading
03/10/20
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Laid on Table
No amendments to this bill text filed.
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