Motor vehicle insurance; premiums based on credit information prohibited. (HB432)

Introduced By

Del. Bob Tata (R-Virginia Beach)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Motor vehicle insurance; premiums based on credit information.  Prohibits insurers from setting rates for motor vehicle insurance on the basis of a person's credit history or credit score. The measure will become effective January 1, 2013. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/10/2012Committee
01/10/2012Prefiled and ordered printed; offered 01/11/12 12100839D
01/10/2012Referred to Committee on Commerce and Labor
01/19/2012Assigned C & L sub: #2
01/29/2012Impact statement from SCC (HB432)
02/07/2012Stricken from docket by Commerce and Labor

Duplicate Bills

The following bills are identical to this one: SB350.