Home service contract providers; certain exemptions. (HB383)

Introduced By

Del. Terrie Suit (R-Virginia Beach)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Home service contract providers. Establishes requirements for the business of providing home service contracts, which are agreements to perform the repair, replacement or maintenance of property, or indemnification therefor, with regard to components, parts, appliances, or systems of a covered residential dwelling. Providers are required to be licensed by the State Corporation Commission, to either insure its obligations to contract holders or maintain a funded reserve account, and to make certain disclosures to contract purchasers. Providers are subject to premium tax at a rate of 2.25% of their provider fees. Read the Bill »


04/05/2006: signed by governor


01/06/2006Prefiled and ordered printed; offered 01/11/06 060899520
01/06/2006Referred to Committee on Commerce and Labor
01/26/2006Fiscal impact statement from DPB (HB383)
02/07/2006Reported from Commerce and Labor with substitute (19-Y 0-N)
02/08/2006Committee substitute printed 062758520-H1
02/09/2006Read first time
02/10/2006Read second time
02/10/2006Committee substitute agreed to 062758520-H1
02/10/2006Engrossed by House - committee substitute HB383H1
02/13/2006Read third time and passed House BLOCK VOTE (99-Y 0-N)
02/13/2006VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
02/13/2006Communicated to Senate
02/14/2006Constitutional reading dispensed
02/14/2006Referred to Committee on Commerce and Labor
02/15/2006Fiscal impact statement from SCC (HB383H1)
03/06/2006Reported from Commerce and Labor with amendments (14-Y 0-N)
03/07/2006Constitutional reading dispensed (40-Y 0-N)
03/07/2006Read third time
03/07/2006Reading of amendments waived
03/07/2006Committee amendments agreed to
03/07/2006Engrossed by Senate as amended
03/07/2006Passed Senate with amendments (40-Y 0-N)
03/07/2006VOTE: (40-Y 0-N)
03/08/2006Placed on Calendar
03/09/2006Senate amendments agreed to by House (95-Y 1-N 1-A)
03/09/2006VOTE: ADOPTION (95-Y 1-N 1-A)
03/15/2006Bill text as passed House and Senate (HB383ER)
03/15/2006Signed by Speaker
03/16/2006Signed by President
03/20/2006Fiscal impact statement from SCC (HB383ER)
04/05/2006G Approved by Governor-Chapter 634 (effective 7/1/06)
04/14/2006G Acts of Assembly Chapter text (CHAP0634)