2015 Regular Session
Overview
At the request of: | (at the request of Dan Balm) |
Chief Sponsors: | |
Regular Sponsors: | |
Bill Title: | Relating to declarations of total loss under motor vehicle insurance policies; declaring an emergency. |
Catchline/Summary: | Prohibits insurer from declaring motor vehicle total loss unless loss to motor vehicle totals 85 percent or more of vehicle's market value, as shown in vehicle valuation catalog, database or other printed or electronically published reference guide that motor vehicle dealers, distributors and other persons that engage in business of buying and selling motor vehicles generally regard as authoritative. |
Chapter Number: | |
Fiscal Impact: | May Have Fiscal Impact, But No Statement Yet Issued |
Revenue Impact: | No Revenue Impact |
Measure Analysis: | Staff Measure Summary / Impact Statements |
Current Location: | In House Committee |
Current Committee: | House Committee On Consumer Protection and Government Effectiveness |
Current Subcommittee: | |
Subsequent Referral(s): |
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Potential Conflicts of Interest/Vote Explanations: | Potential Conflicts of Interest/Vote Explanation Documents |