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CS/CS/HB 503: Insurance

GENERAL BILL by Commerce Committee ; Insurance and Banking Subcommittee ; Gregory

Insurance; Provides circumstances under which certain persons are deemed to have control & are subject to specified requirements; authorizes any association, trust, or pool created for purpose of forming risk management mechanism or providing self-insurance for public entity to use communications media technology to establish quorum & conduct public business; exempts certain applicants for licensure as all-lines adjusters from required examination; authorizes use of certain modeling indication for residential property insurance rate filings; authorizes insurers to file certain insurance rating plans based on specified windstorm mitigation construction standards under certain circumstances; revises conditions for determining ineligibility of condominiums for wind-only coverage; authorizes licensed personal lines or general lines agents to solicit, negotiate, advertise, or sell motor vehicle service agreements, home warranty contracts, & service warranty contracts without sales representative license.

Effective Date: 7/1/2022
Last Action: 3/8/2022 House - Laid on Table, refer to CS/CS/SB 468
Bill Text: PDF



Bill History

Date Chamber Action
11/4/2021 House • Filed
11/19/2021 House • Referred to Insurance & Banking Subcommittee
• Referred to State Administration & Technology Appropriations Subcommittee
• Referred to Commerce Committee
• Now in Insurance & Banking Subcommittee
1/11/2022 House • Added to Insurance & Banking Subcommittee agenda
• 1st Reading (Original Filed Version)
1/13/2022 House • Favorable with CS by Insurance & Banking Subcommittee
1/14/2022 House • Reported out of Insurance & Banking Subcommittee
• Laid on Table under Rule 7.18(a)
• CS Filed
• 1st Reading (Committee Substitute 1)
1/18/2022 House • Original reference removed: State Administration & Technology Appropriations Subcommittee
• Referred to Commerce Committee
• Now in Commerce Committee
2/21/2022 House • Added to Commerce Committee agenda
2/23/2022 House • Favorable with CS by Commerce Committee
2/25/2022 House • Reported out of Commerce Committee
• Laid on Table under Rule 7.18(a)
• CS Filed
2/28/2022 House • Bill referred to House Calendar
• 1st Reading (Committee Substitute 2)
• Added to Second Reading Calendar
3/8/2022 House • Laid on Table, refer to CS/CS/SB 468