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using concise, plain and objective descriptions
Legislation watch
2013 House Bill 4467: Don’t impose “insurance” regulations on extended service contracts
Public Act 110 of 2014
Introduced by Rep. Frank Foster R-Pellston on March 19, 2013
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. Official Text and Analysis.
Referred to the House Insurance Committee on March 19, 2013
Reported in the House on November 14, 2013
With the recommendation that the substitute (H-4) be adopted and that the bill then pass.
Substitute offered in the House on December 4, 2013
The substitute failed by voice vote in the House on December 4, 2013
Substitute offered by Rep. Frank Foster R-Pellston on December 4, 2013
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 in the House on December 4, 2013
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 on December 10, 2013
Referred to the Senate Insurance Committee on December 10, 2013
Reported in the Senate on March 5, 2014
With the recommendation that the bill pass.
Signed by Gov. Rick Snyder on April 7, 2014