SB55 Alabama 2020 Session

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Bill Summary

Sponsors

Shay Shelnutt

Session

Regular Session 2020

Title

Insurance Dept., service contract law, expenses related to examination by Commissioner of Insurance, Vehicle Protection Products Act, fees deposited in Insurance Dept. Fund, expense related to exam by commissioner, Secs. 8-32-13, 8-32-14 added.

Description

Relating to the Commissioner of Insurance; to add Section 8-33-14 to the Code of Alabama 1975, to specify that any person being examined by the commissioner in the enforcement of Chapter 33 of Title 8, Code of Alabama 1975, the Vehicle Protection Product Act, would be liable for the expenses of the examination; and to specify that all fees collected by the commissioner in the enforcement of the Vehicle Protection Product Act would be deposited in the Insurance Department Fund.

Subjects

Insurance Department

Bill Actions

Action Date	Chamber	Action
March 12, 2020	H	Pending third reading on day 13 Favorable from Insurance
March 12, 2020	H	Read for the second time and placed on the calendar
March 5, 2020	H	Read for the first time and referred to the House of Representatives committee on Insurance
March 5, 2020	S	Engrossed
March 5, 2020	S	Motion to Read a Third Time and Pass adopted Roll Call 281
March 5, 2020	S	Shelnutt motion to Adopt adopted Roll Call 280
March 5, 2020	S	Banking and Insurance first Substitute Offered
March 5, 2020	S	Third Reading Passed
February 13, 2020	S	Read for the second time and placed on the calendar with 1 substitute and
February 4, 2020	S	Read for the first time and referred to the Senate committee on Banking and Insurance