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MI HB6162

Bill

Official Source

Status

Introduced

6/1/2022

Primary Sponsor

Tenisha Yancey

Click for details

Origin

House of Representatives

101st Legislature

AI Summary

  • Adds Chapter 12C to the Insurance Code of 1956 establishing a framework for portable electronics insurance
  • Defines "portable electronics insurance" as coverage for repair or replacement of portable electronic devices against loss, theft, mechanical failure, malfunction, or damage
  • Excludes from portable electronics insurance definition: service contracts, warranty policies, and homeowner's, renter's, or automobile insurance policies
  • Establishes definitions for key terms including "enrolled customer," "vendor," "portable electronics transaction," and "limited line portable electronics insurance producer"
  • Takes effect only upon enactment of all related bills HB 6155, 6156, 6157, 6158, 6159, 6160, 6161, 6163, and one additional bill (request 05090'21)

Legislative Description

Insurance: other; portable electronics insurance; provide for. Amends 1956 PA 218 (MCL 500.100 - 500.8302) by adding ch. 12C.

Insurance: other

Last Action

Bill Electronically Reproduced 06/01/2022

6/2/2022

Committee Referrals

Regulatory Reform6/1/2022

Full Bill Text

No bill text available