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AL HB68
Bill
Status
2/25/2020
Primary Sponsor
Kerry Rich
Click for details
AI Summary
HB 68 Summary
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Adds Section 8-33-14 to the Code of Alabama 1975 relating to the Vehicle Protection Product Act (Chapter 33 of Title 8)
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Requires all fees collected by the Commissioner of Insurance in enforcing the Vehicle Protection Product Act to be deposited into the Insurance Department Fund
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Makes any person examined by the commissioner under the Vehicle Protection Product Act liable for and required to pay the expenses of that examination, as provided in Section 27-2-25
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Becomes effective immediately upon passage and approval by the Governor, or upon otherwise becoming law
Legislative Description
Insurance Dept., service contract law, expenses related to examination by Commissioner of Insurance, Vehicle Protection Products Act, fees deposited in Insurance Dept. Fund, expense related to exam by commissioner, Sec. 8-33-14 added.
Insurance Department
Last Action
Pending third reading on day 13 Favorable from Banking and Insurance
3/12/2020