2013 House Bill 4467 / 2014 Public Act 110

Don’t impose “insurance” regulations on extended service contracts

Introduced in the House

March 19, 2013

Introduced by Rep. Frank Foster (R-107)

To establish that service contracts covering the future maintenance, repair or replacement of vehicles, building or other property are not “insurance” subject to the licensure mandates and regulations imposed by the state insurance code.

Referred to the Committee on Insurance

Nov. 14, 2013

Reported without amendment

With the recommendation that the substitute (H-4) be adopted and that the bill then pass.

Dec. 4, 2013

Substitute offered

The substitute failed by voice vote

Substitute offered by Rep. Frank Foster (R-107)

To replace the previous version of the bill with one that revises details but does not change the substance as previously described.

The substitute passed by voice vote

Dec. 5, 2013

Passed in the House 108 to 2 (details)

To establish that service contracts covering the future maintenance, repair or replacement of vehicles, building or other property are not “insurance” subject to the licensure mandates and regulations imposed by the state insurance code.

Received in the Senate

Dec. 10, 2013

Referred to the Committee on Insurance

March 5, 2014

Reported without amendment

With the recommendation that the bill pass.

March 26, 2014

Passed in the Senate 36 to 0 (details)

To establish that service contracts covering the future maintenance, repair or replacement of vehicles, building or other property are not “insurance” subject to the licensure mandates and regulations imposed by the state insurance code.

Signed by Gov. Rick Snyder

April 7, 2014