Senate Fiscal Responsibility and Economic Development Hearing
Finance and Taxation at 15:00:00
Generally, pursuant to the terms of a service contract, a provider agrees to repair, replace, or provide a refund for covered property that is operationally or functionally failing.
This bill would require that when advertising a service contract, the advertisement must disclose any right to refund a contract holder in an amount less than the provider's cost to repair or replace covered property.
This bill would further provide for the limitations, exceptions, and exclusions of service contracts that must be disclosed.
This bill would also make nonsubstantive, technical revisions to update the existing code language to current style.
Pending House Commerce and Small Business
Read for the first time and referred to the House Committee on Commerce and Small Business
Engrossed
Motion to Read a Third Time and Pass as Amended - Adopted Roll Call 898
Singleton motion to Adopt - Adopted Roll Call 897 3PX5XZV-1
Fiscal Responsibility and Economic Development 1st Amendment Offered 3PX5XZV-1
Third Reading in House of Origin
Read for the Second Time and placed on the Calendar
Reported Out of Committee House of Origin
Fiscal Responsibility and Economic Development 1st Amendment 3PX5XZV-1
Pending Senate Fiscal Responsibility and Economic Development
Read for the first time and referred to the Senate Committee on Fiscal Responsibility and Economic Development
Finance and Taxation at 15:00:00
Source: Alabama Legislature