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CS/HB 987: Credit Reports & Scores by Insurers

GENERAL BILL by Rivera ; (CO-INTRODUCERS) Ambler ; Bullard ; Davis ; Gannon ; Garcia ; Hasner ; Homan ; Llorente ; Planas ; Quinones ; Richardson ; Robaina ; Rubio ; Zapata

Credit Reports & Scores by Insurers; specifies purpose to regulate & limit use of credit reports & credit scores by insurers for underwriting & rating purposes; specifies application to types of insurance; requires that insurer identify items in credit report which resulted in adverse decision; authorizes insurers to use number of credit inquiries for certain purposes; authorizes Financial Services Commission to adopt rules, etc. Creates 626.9741.

Effective Date: 01/01/2004
Last Action: 5/2/2003 House - Died on Calendar, Link/Iden/Sim/Compare passed, refer to SB 40-A (Ch. 2003-407)
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    3/1/2003 House • Prefiled
    3/4/2003 House • Introduced -HJ 00083
    3/7/2003 House • Referred to Insurance Regulation (IN); Insurance; Commerce; Finance & Tax; Commerce & Local Affairs Appropriations (AP); Appropriations -HJ 00165
    4/11/2003 House • On Subcommittee agenda-- Insurance Regulation (IN), 04/15/03, 12:00 pm, 212-K
    4/15/2003 House • Recommendation: Favorable with 1 amendment(s) by Insurance Regulation (IN); YEAS 6 NAYS 0; Now in Insurance; On Committee agenda-- Insurance, 04/15/03, 1:00 pm, 212-K; Favorable with CS amendment by Insurance; YEAS 18 NAYS 0 -HJ 00404
    4/22/2003 House • Pending review of CS under Rule 6.3(b)
    4/23/2003 House • Now in Commerce -HJ 00404; On Committee agenda-- Commerce, 04/23/03, 8:30 am, 404-H; Favorable by Commerce; YEAS 14 NAYS 0 -HJ 00525; Now in Finance & Tax -HJ 00525
    4/28/2003 House • Withdrawn from Finance & Tax; Commerce & Local Affairs Appropriations (AP); Appropriations -HJ 00703; Placed on Calendar
    4/30/2003 House • Placed on Special Order Calendar -HJ 00814
    5/2/2003 House • Died on Calendar, Link/Iden/Sim/Compare passed, refer to SB 40-A (Ch. 2003-407)

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  • CS/HB 987, Committee Substitute 1 (Current Bill Version) Posted 4/21/2003 at 11:04 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (4)

    Bill Number Subject Filed By Relationship Last Action and Location
    H 1895 Credit Scoring Methodology/Pub. Rec. State Administration Linked Last Action: 5/2/2003 S In Messages; Died in Messages, Link/Iden/Sim/Compare passed, refer to CS/SB 42-A (Ch. 2003-408)
    Location:
    S 204 (e2) Miller Similar Last Action: 4/30/2004 S Veto Message transmitted to Secretary of State
    Location:
    H 233 Credit Info./Personal Insurance Act Richardson Compare Last Action: 5/2/2003 H Died in Committee on Insurance Regulation (IN), Link/Iden/Sim/Compare passed, refer to SB 40-A (Ch. 2003-407)
    Location:
    S 1770 (c2) Clary Compare Last Action: 5/2/2003 H Died in Messages, Link/Iden/Sim/Compare passed, refer to HB 315 (Ch. 2003-294)
    Location:

    Floor Amendments (1)

    Amendment Sponsor Filed Last Floor Action Format
    651227 - Amendment
    Rivera 4/29/2003
    9:28 PM
    Web Page
    PDF

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    626.9741

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  • HB 987, Original Filed Version Posted 3/1/2003 at 4:03 PM

    Bill Text:   Web Page | PDF
    Analyses:   Commerce (Post-Meeting) (pdf)
    Finance & Tax (Post-Meeting) (pdf)
    Insurance (Post-Meeting) (pdf)
    Insurance (Post-Meeting) (pdf)

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    626.9741

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