Home and Service Warranty Association Financial Requirements
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What it does
Official summary
Home and Service Warranty Association Financial Requirements; Revises circumstances under which certain service warranty associations are not required to establish unearned premium reserves or to maintain contractual liability insurance & are authorized to allow their premiums to exceed specified ratios; requires service warranty contracts that include coverage for certain accidental damage to be covered by contractual liability policies.
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More on this bill
Where it stands
Introduced
2Passed House
3Passed Senate
4To Governor
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2025
Apr 29Laid on Table, companion bill(s) passed, see CS/CS/SB 282 (Ch. 2025-160)Latest
Mar 20Added to Second Reading Calendar
Mar 20Bill referred to House Calendar
Mar 191st Reading (Committee Substitute 2)Minor
Mar 19CS FiledMinor
Mar 19Laid on Table under Rule 7.18(a)Minor
Mar 19Reported out of Commerce Committee
Mar 17Favorable with CS by Commerce CommitteeMinor
Vote recorded Favorable With Committee Substitute (Commerce Committee). Result: pass.Lower
Mar 13Added to Commerce Committee agenda
Mar 10Now in Commerce Committee
Mar 10Referred to Commerce CommitteeMinor
Mar 71st Reading (Committee Substitute 1)Minor
Mar 7CS FiledMinor
Mar 7Laid on Table under Rule 7.18(a)Minor
Mar 7Reported out of Insurance & Banking Subcommittee
Mar 5Favorable with CS by Insurance & Banking SubcommitteeMinor
Vote recorded Favorable With Committee Substitute (Insurance & Banking Subcommittee). Result: pass.Lower
Mar 41st Reading (Original Filed Version)Minor
Mar 3Added to Insurance & Banking Subcommittee agenda
Feb 12Now in Insurance & Banking Subcommittee
Feb 12Referred to Commerce CommitteeMinor
Feb 12Referred to Insurance & Banking SubcommitteeMinor