CS/CS/SB 282: Warranty Associations

GENERAL BILL by Rules, Banking and Insurance, Truenow

Warranty Associations; Revising the requirements of contractual liability insurance policies; revising the circumstances under which certain service warranty associations are not required to establish unearned premium reserves or to maintain contractual liability insurance and are authorized to allow their premiums to exceed specified ratios; requiring that contracts that include coverage for accidental damage from handling be covered by a specified policy, etc.

Current Bill Version Posted: 4/29/2025 02:51 PM

• Senate Committee References (3)

  1. Banking and Insurance (BI)
  2. Commerce and Tourism (CM)
  3. Rules (RC)

• Related Bills (3)

  Bill Number Subject Filed By Last Action and Location	Relationship Learn more about bill relationships
  H 367 (c2) by Commerce Committee Home and Service Warranty Association Financial Requirements Last Action: 4/29/2025 H Laid on Table, refer to CS/CS/SB 282	Similar
  H 1281 by Berfield Department of Financial Services Last Action: 5/3/2025 H Indefinitely postponed and withdrawn from consideration	Compare
  S 1522 by McClain Department of Financial Services Last Action: 5/3/2025 S Indefinitely postponed and withdrawn from consideration	Compare

• Citations - Statute (3)

  The page numbers, when listed, for citations are constantly under review. The journals or printed bills of the respective chambers should be consulted as the official documents of the Legislature.
  
  The links for the page numbers are formatted to open the bill text PDF directly to the page containing the citation. However, if your browser is set to open PDFs in a new window, as is often the case with 64-bit browsers, the bill text will open to the first page.

  634.3077	Financial requirements.	Page 1 [pdf]
  634.406	Financial requirements.	Page 3 [pdf]
  634.414	Forms; required provisions.	Page 7 [pdf]

• Bill History

  S = Senate, H = House

  1/16/2025	S	• Filed
  1/29/2025	S	• Referred to Banking and Insurance; Commerce and Tourism; Rules
  2/24/2025	S	• On Committee agenda-- Banking and Insurance, 03/03/25, 1:00 pm, 412 Knott Building
  3/3/2025	S	• CS by Banking and Insurance; YEAS 10 NAYS 0
  3/4/2025	S	• Pending reference review under Rule 4.7(2) - (Committee Substitute) • Introduced
  3/5/2025	S	• Now in Commerce and Tourism • On Committee agenda-- Commerce and Tourism, 03/10/25, 1:30 pm, 110 Senate Building
  3/10/2025	S	• Favorable by Commerce and Tourism; YEAS 8 NAYS 0 • CS by Banking and Insurance read 1st time
  3/11/2025	S	• Now in Rules
  3/14/2025	S	• On Committee agenda-- Rules, 03/19/25, 11:30 am, 412 Knott Building
  3/19/2025	S	• CS/CS by- Rules; YEAS 25 NAYS 0
  3/20/2025	S	• Pending reference review -under Rule 4.7(2) - (Committee Substitute) • Placed on Calendar, on 2nd reading
  3/26/2025	S	• CS/CS by Rules read 1st time
  4/1/2025	S	• Placed on Special Order Calendar, 04/03/25
  4/3/2025	S	• Read 2nd time -SJ 328 • Read 3rd time -SJ 328 • CS passed; YEAS 36 NAYS 0 -SJ 328 • Immediately certified -SJ 330
  4/3/2025	H	• In Messages
  4/28/2025	H	• Bill referred to House Calendar • Bill added to Special Order Calendar (4/29/2025) • 1st Reading (Committee Substitute 2)
  4/29/2025	H	• Read 2nd time • Placed on 3rd reading • Added to Third Reading Calendar • Read 3rd time • CS passed; YEAS 115, NAYS 0
  4/29/2025	S	• Ordered enrolled