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

DateAction
01/08/2013Committee
01/08/2013Prefiled and ordered printed; offered 01/09/13 13103421D
01/08/2013Referred to Committee on Commerce and Labor
01/24/2013Failed to report (defeated) in Commerce and Labor (4-Y 16-N) (see vote tally)
01/27/2013Impact statement from SCC (HB1740)