VA HB260 | 2010 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on April 7 2010 - 100% progression
Action: 2010-04-07 - Governor: Acts of Assembly Chapter text (CHAP0226)
Text: Latest bill text (Chaptered) [HTML]

Summary

Insurance; restitution. Authorizes the State Corporation Commission to require a person to make restitution in the amount of the direct actual financial loss if the person improperly withholds, misappropriates, or converts any money or property received in the course of conducting business. Currently, the Commission's authority to order restitution is limited to cases where an insurer charges an excessive rate or discriminatory premium or fails to pay undisputed amounts required under an insurance contract.

Tracking Information

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Title

Insurance; SCC to require person to make restitution if improperly withholds money.

Sponsors


Roll Calls

2010-02-25 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2010-02-24 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2010-02-22 - Senate - Senate: Reported from Commerce and Labor (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2010-01-22 - House - House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (Y: 101 N: 0 NV: 0 Abs: 0) [PASS]
2010-01-19 - House - House: Reported from Commerce and Labor (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2010-04-07 Governor: Acts of Assembly Chapter text (CHAP0226)
2010-04-07 Governor: Approved by Governor-Chapter 226 (effective 7/1/10)
2010-03-06 Senate: Signed by President
2010-03-03 House: Signed by Speaker
2010-03-03 House: Bill text as passed House and Senate (HB260ER)
2010-03-03 House: Enrolled
2010-02-25 Senate: Passed Senate (40-Y 0-N)
2010-02-25 Senate: Read third time
2010-02-24 Senate: Constitutional reading dispensed (40-Y 0-N)
2010-02-22 Senate: Reported from Commerce and Labor (15-Y 0-N)
2010-01-25 Senate: Referred to Committee on Commerce and Labor
2010-01-25 Senate: Constitutional reading dispensed
2010-01-22 House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
2010-01-22 House: Read third time and passed House BLOCK VOTE (99-Y 0-N)
2010-01-21 House: Read second time and engrossed
2010-01-20 House: Read first time
2010-01-19 House: Reported from Commerce and Labor (22-Y 0-N)
2010-01-11 House: Referred to Committee on Commerce and Labor
2010-01-11 House: Prefiled and ordered printed; offered 01/13/10 10100732D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
382218(n/a)See Bill Text

Virginia State Sources


Bill Comments

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