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CS/HB 1297: Insurance Payments/Escrow Accounts

GENERAL BILL by Ritter ; (CO-INTRODUCERS) Bendross-Mindingall ; Carroll ; Gottlieb ; Harper ; Roberson, Y

Insurance Payments/Escrow Accounts; requires insurer to reinstate, under certain circumstances, insurance policy that is cancelled due to failure of lender to pay premium for which sufficient escrow funds are on deposit; requires property insurers to reinstate pursuant to law canceled property insurance policy secured by mortgage for failure by lender to timely pay premium, etc. Amends 501.137, 627.4133.

Effective Date: 07/01/2004
 Last Action: 4/28/2004 House - Placed on Special Order Calendar; Substituted CS/SB 2196 (Died on House Calendar) -HJ 00930; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2038 (Ch. 2004-370), CS/CS/SB 2994 (Ch. 2004-390) -HJ 00930
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    2/24/2004 House • Prefiled
    3/2/2004 House • Introduced -HJ 00100
    3/4/2004 House • Referred to Insurance Regulation (IN); Insurance -HJ 00217
    3/19/2004 House • On Subcommittee agenda-- Insurance Regulation (IN), 03/23/04 3:15 pm, 212-K
    3/23/2004 House • Recommendation: Favorable with 1 amendment(s) by Insurance Regulation (IN); YEAS 10 NAYS 0
    3/24/2004 House • Now in Insurance; On Committee agenda-- Insurance, 03/25/04, 8:30 am, 212-K
    3/25/2004 House • Favorable with CS amendment by- Insurance; YEAS 19 NAYS 0 -HJ 00344
    3/29/2004 House • Pending review of CS -under Rule 6.3(b)
    4/1/2004 House • Placed on Calendar -HJ 00344
    4/28/2004 House • Placed on Special Order Calendar; Substituted CS/SB 2196 (Died on House Calendar) -HJ 00930; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2038 (Ch. 2004-370), CS/CS/SB 2994 (Ch. 2004-390) -HJ 00930

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  • CS/HB 1297, Committee Substitute 1 (Current Bill Version) Posted 3/29/2004 at 11:38 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (4)

    Bill Number Subject Filed By Relationship Last Action and Location
    S 2196 (c1) Insurance Payments/Escrow Accounts Geller Similar Last Action: 4/30/2004 H Died on Calendar, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2038 (Ch. 2004-370), CS/CS/SB 2994 (Ch. 2004-390)
    Location:
    H 557 Rivera Compare Last Action: 4/28/2004 H Withdrawn from Appropriations -HJ 00879; Placed on Calendar -HJ 00879; Placed on Special Order Calendar -HJ 00863; Substituted CS/CS/SB 2038; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/CS/SB 2038 (Ch. 2004-370), CS/SB 2588 (Ch. 2004-374), CS/CS/SB 2994 (Ch. 2004-390) -HJ 00976
    Location:
    S 2038 (e2) Fasano Compare Last Action: 6/24/2004 Approved by Governor; Chapter No. 2004-370; See also CS/SB 2588 (Ch. 2004-374), CS/CS/SB 2994 (Ch. 2004-390)
    Location:
    S 2994 (e2) Posey Compare Last Action: 7/1/2004 Approved by Governor; Chapter No. 2004-390; See also CS/CS/SB 2038 (Ch. 2004-370), CS/SB 2588 (Ch. 2004-374), CS/SB 2960 (Ch. 2004-340)
    Location:

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    501.137 Mortgage lenders; tax and insurance payments from escrow accounts; duties.
    627.4133 Notice of cancellation, nonrenewal, or renewal premium.

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  • HB 1297, Original Filed Version Posted 2/24/2004 at 12:41 PM

    Bill Text:   Web Page | PDF
    Analyses:   Insurance (Post-Meeting) (pdf)
    Insurance (Post-Meeting) (pdf)
    Insurance (Post-Meeting) (pdf)

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    501.137 Mortgage lenders; tax and insurance payments from escrow accounts; duties.

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