Motor vehicle insurance; prohibits insurers from setting rates based on credit history or score. (HB1740)
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, 2014. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/08/2013 | Committee |
01/08/2013 | Prefiled and ordered printed; offered 01/09/13 13103421D |
01/08/2013 | Referred to Committee on Commerce and Labor |
01/24/2013 | Failed to report (defeated) in Commerce and Labor (4-Y 16-N) (see vote tally) |
01/27/2013 | Impact statement from SCC (HB1740) |