CS/CS/SB 282: Warranty Associations
GENERAL BILL by Rules ; Banking and Insurance ; Truenow
Warranty Associations; Revising the requirements of contractual liability insurance policies; revising the circumstances under which certain service warranty associations are not required to establish unearned premium reserves or to maintain contractual liability insurance and are authorized to allow their premiums to exceed specified ratios; requiring that contracts that include coverage for accidental damage from handling be covered by a specified policy, etc.
Effective Date: 7/1/2025
Last Action: 3/20/2025 Senate - Placed on Calendar, on 2nd reading
Bill Text: Web Page | PDF
Last Action: 3/20/2025 Senate - Placed on Calendar, on 2nd reading
Bill Text: Web Page | PDF
Senate Committee References:
- Banking and Insurance (BI)
- Commerce and Tourism (CM)
- Rules (RC)
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/16/2025 | Senate |
• Filed |
| 1/29/2025 | Senate |
• Referred to Banking and Insurance; Commerce and Tourism; Rules |
| 2/24/2025 | Senate |
• On Committee agenda-- Banking and Insurance, 03/03/25, 1:00 pm, 412 Knott Building |
| 3/3/2025 | Senate |
• CS by Banking and Insurance; YEAS 10 NAYS 0 |
| 3/4/2025 | Senate |
• Pending reference review under Rule 4.7(2) - (Committee Substitute) • Introduced |
| 3/5/2025 | Senate |
• Now in Commerce and Tourism • On Committee agenda-- Commerce and Tourism, 03/10/25, 1:30 pm, 110 Senate Building |
| 3/10/2025 | Senate |
• Favorable by Commerce and Tourism; YEAS 8 NAYS 0 • CS by Banking and Insurance read 1st time |
| 3/11/2025 | Senate |
• Now in Rules |
| 3/14/2025 | Senate |
• On Committee agenda-- Rules, 03/19/25, 11:30 am, 412 Knott Building |
| 3/19/2025 | Senate |
• CS/CS by- Rules; YEAS 25 NAYS 0 |
| 3/20/2025 | Senate |
• Pending reference review -under Rule 4.7(2) - (Committee Substitute) • Placed on Calendar, on 2nd reading |
