HB 2295: Credit & Mortgage Guaranty Insurance
GENERAL BILL by Jones
Credit & Mortgage Guaranty Insurance; specifies minimum surplus for mortgage guaranty insurers; authorizes individuals & entities holding credit life or disability insurance license to sell credit insurance; modifies requirements for licensure; requires certain disclosures to be made within specified time upon sale of credit life insurance; allows borrower specified time from date of such disclosures to rescind coverage, etc. Amends 624.408, 626.321, 627.679, 635.042.
Last Action: 5/5/2000 House - Died in Committee on Financial Services (CAC)
Bill Text: Web Page | PDF
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Bill History
Date Chamber Action 4/5/2000 House • Filed
4/6/2000 House • Introduced -HJ 00493
4/10/2000 House • Referred to Insurance (CAC); Financial Services (CAC) -HJ 00527
4/13/2000 House • On Committee agenda-- Insurance (CAC), 04/17/00, 1:00 pm, Reed Hall --Temporarily deferred
4/19/2000 House • On Committee agenda-- Insurance (CAC), 04/24/00, 10:30 am, Reed Hall
4/24/2000 House • Comm. Action: Favorable with 3 amendment(s) by Insurance (CAC); YEAS 9 NAYS 0 -HJ 00772
4/25/2000 House • Now in Financial Services (CAC) -HJ 00772
5/5/2000 House • Died in Committee on Financial Services (CAC)
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HB 2295, Original Filed Version (Current Bill Version) Posted 8/28/2000 at 9:15 AM
Bill Text: Web Page | PDF Analyses: Insurance (Post-Meeting) 4/13/2000 (pdf)
Insurance (Post-Meeting) 4/14/2000 (pdf)
Insurance (Post-Meeting) 4/25/2000 (pdf)
Insurance (Post-Meeting) 5/11/2000 (pdf)
Related Bills (2)
Bill Number Subject Filed By Relationship Last Action and Location S 834 (c1) Mortgage Guaranty Insurance/Surplus Horne Compare Last Action: 5/5/2000 S Died on Calendar
Location:S 1612 (c1) Credit Insurance Diaz-Balart Compare Last Action: 5/5/2000 S Placed on Special Order Calendar SJ 01145; Died on Calendar
Location:Committee Amendments (3)
Amendment Sponsor Filed Last Committee Action Format 202851 - Amendment
Insurance 4/26/2000
3:00 AMWeb Page
PDF315145 - Amendment
Insurance 4/26/2000
3:00 AMWeb Page
PDF824453 - Amendment
Insurance 4/26/2000
3:02 AMWeb Page
PDFCitations - Statutes (4)
Citation Catchline Location in Bill Location In Bill Help 624.408 Surplus as to policyholders required; new and existing insurers. 626.321 Limited licenses. 627.679 Amount of insurance; disclosure. 635.042 Limitation on outstanding liability.