CS/CS/HB 367: Home and Service Warranty Association Financial Requirements
GENERAL BILL by Commerce Committee ; Insurance & Banking Subcommittee ; Conerly
Home and Service Warranty Association Financial Requirements; Revises circumstances under which certain service warranty associations are not required to establish unearned premium reserves or to maintain contractual liability insurance & are authorized to allow their premiums to exceed specified ratios; requires service warranty contracts that include coverage for certain accidental damage to be covered by contractual liability policies.
Last Action: 3/20/2025 House - Added to Second Reading Calendar
Bill Text: PDF
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Bill History
Date Chamber Action 2/4/2025 House • Filed
2/12/2025 House • Referred to Insurance & Banking Subcommittee
• Referred to Commerce Committee
• Now in Insurance & Banking Subcommittee
3/3/2025 House • Added to Insurance & Banking Subcommittee agenda
3/4/2025 House • 1st Reading (Original Filed Version)
3/5/2025 House • Favorable with CS by Insurance & Banking Subcommittee
3/7/2025 House • Reported out of Insurance & Banking Subcommittee
• Laid on Table under Rule 7.18(a)
• CS Filed
• 1st Reading (Committee Substitute 1)
3/10/2025 House • Referred to Commerce Committee
• Now in Commerce Committee
3/13/2025 House • Added to Commerce Committee agenda
3/17/2025 House • Favorable with CS by Commerce Committee
3/19/2025 House • Reported out of Commerce Committee
• Laid on Table under Rule 7.18(a)
• CS Filed
• 1st Reading (Committee Substitute 2)
3/20/2025 House • Bill referred to House Calendar
• Added to Second Reading Calendar
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CS/CS/HB 367, Committee Substitute 2 (Current Bill Version) Posted 3/19/2025 at 11:47 AM
Bill Text: PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 282 (c2) Warranty Associations Truenow Similar Last Action: 4/3/2025 H In Messages 
Citations - Statutes (3)
Citation Catchline Location in Bill Location In Bill Help 634.3077 Financial requirements. Page 1 (pdf) 634.406 Financial requirements. Page 3 (pdf) 634.414 Forms; required provisions. Page 8 (pdf) -
CS/HB 367, Committee Substitute 1 Posted 3/7/2025 at 9:45 AM
Bill Text: PDF Analyses: Commerce Committee (Post-Meeting) 3/19/2025 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 282 (c1) Warranty Associations Truenow Similar Last Action: 4/3/2025 H In Messages
Committee Amendments (1)
Amendment Sponsor Filed Last Committee Action Format 231013 - Amendment
Remove lines 52-101 and insert:Yeager 3/17/2025
2:00 PMAdopted without Objection
3/18/2025PDF Citations - Statutes (3)
Citation Catchline Location in Bill Location In Bill Help 634.3077 Financial requirements. Page 1 (pdf) 634.406 Financial requirements. Page 3 (pdf) 634.414 Forms; required provisions. Page 8 (pdf) -
HB 367, Original Filed Version Posted 2/4/2025 at 10:03 AM
Bill Text: PDF Analyses: Insurance & Banking Subcommittee (Post-Meeting) 3/7/2025 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 282 (c1) Warranty Associations Truenow Similar Last Action: 4/3/2025 H In Messages
Committee Amendments (1)
Amendment Sponsor Filed Last Committee Action Format 510581 - Amendment
Remove lines 138-172 and insert:Conerly 3/4/2025
5:55 PMAdopted without Objection
3/6/2025PDF Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 634.3077 Financial requirements. Page 1 (pdf) 634.406 Financial requirements. Page 3 (pdf)