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Glossary of Legislative Terms

HB 7015: Property Insurance Assignment Agreements

GENERAL BILL by Judiciary Committee ; Trumbull ; Grant, J. ; (CO-INTRODUCERS) Ahern ; Boyd ; Burgess ; Stevenson

Property Insurance Assignment Agreements; Authorizes insured & repair company to enter into assignment agreement for post-loss benefits to repair, replace, protect, & mitigate damaged property; requires notice of intent to initiate litigation & award of attorney fees for claims under assignment agreement; prohibits insurance policies from prohibiting assignment of post-loss benefits.

Effective Date: 7/1/2018
 Last Action: 3/10/2018 Senate - Died in Banking and Insurance
Bill Text: PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Judiciary (JU)
  3. Rules (RC)

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  • Bill History

    Date Chamber Action
    11/20/2017 House • Filed
    11/22/2017 House • Referred to Calendar -HJ 242
    1/8/2018 House • Placed on Special Order Calendar, 01/11/18
    1/9/2018 House • Introduced -HJ 242
    1/11/2018 House • Read 2nd time -HJ 298
    • Placed on 3rd reading
    1/12/2018 House • Read 3rd time -HJ 329, 330
    • Passed; YEAS 82 NAYS 20 -HJ 329, 330
    1/24/2018 Senate • In Messages
    1/30/2018 Senate • Referred to Banking and Insurance; Judiciary; Rules -SJ 252
    1/31/2018 Senate • Received -SJ 252
    3/10/2018 Senate • Indefinitely postponed and withdrawn from consideration
    • Died in Banking and Insurance

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  • HB 7015, Original Filed Version (Current Bill Version) Posted 11/20/2017 at 11:11 AM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 62 Assignment of Property Insurance Benefits Hukill Compare Last Action: 3/10/2018 S Died in Banking and Insurance Track This Bill
    S 256 Property Insurance Farmer Compare Last Action: 3/10/2018 S Died in Banking and Insurance Track This Bill
    S 1168 (c2) Insurance Steube Compare Last Action: 3/10/2018 S Died in Rules Track This Bill

    Floor Votes (1)

    Date Chamber Result
    1/12/2018 1:47 PM House 82 Yeas - 20 Nays

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    627.422 Assignment of policies. Page 10 (pdf)
    627.7152 Page 1 (pdf)

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