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CS/HB 1421: Property Insurance Assignment Agreements

GENERAL BILL by Commerce Committee ; Grant, J. ; Plasencia

Property Insurance Assignment Agreements; Provides requirements & limitations of assignment agreements; provides burden of proof; provides for award of reasonable attorney fees for certain claims arising under assignment agreements; specifies notice & reporting requirements; specifies certain residential property insurance policies may not prohibit assignment of post-loss benefits.

Effective Date: 7/1/2017
Last Action: 4/20/2017 House - CS by Commerce Committee read 1st time -HJ 782
Location: On Special Order Calendar
Bill Text: PDF



Bill History

Date Chamber Action
3/7/2017 House • Filed
• Introduced -HJ 144
3/10/2017 House • Referred to Insurance and Banking Subcommittee; Commerce Committee -HJ 352
• On Committee agenda-- Insurance and Banking Subcommittee, 03/14/17, 2:00 pm, Sumner Hall
3/14/2017 House • Favorable by Insurance and Banking Subcommittee; YEAS 14 NAYS 1 -HJ 369
• Now in Commerce Committee -HJ 370
4/17/2017 House • PCS on Committee agenda-- Commerce Committee, 04/19/17, 8:00 am, Webster Hall
4/19/2017 House • CS by- Commerce Committee; YEAS 21 NAYS 7 -HJ 787
4/20/2017 House • Pending review of CS -under Rule 7.18(c)
• Placed on Calendar -HJ 784
• Placed on Special Order Calendar, 04/25/17
• CS by Commerce Committee read 1st time -HJ 782