2011 Senate Bill 859 / 2012 Public Act 552

Regulate “portable electronic device” extended warranty plans

Introduced in the Senate

Dec. 1, 2011

Introduced by Sen. Dave Hildenbrand (R-29)

To impose new regulations on extended warranty and service plans sold to cover portable electronic devices. The bill would define these agreements as “insurance” and regulate them under the same comprehensive regulatory regime imposed on the sale of regular insurance policies.

Referred to the Committee on Insurance

May 23, 2012

Reported without amendment

With the recommendation that the substitute (S-1) be adopted and that the bill then pass.

June 5, 2012

Substitute offered

The substitute passed by voice vote

June 6, 2012

Passed in the Senate 38 to 0 (details)

Received in the House

June 7, 2012

Referred to the Committee on Insurance

Dec. 13, 2012

Reported without amendment

With the recommendation that the substitute (H-1) be adopted and that the bill then pass.

Dec. 14, 2012

Substitute offered

The substitute passed by voice vote

Passed in the House 107 to 0 (details)

To impose new regulations on extended warranty and service plans sold to cover portable electronic devices. The bill would define these agreements as “insurance” and regulate them under the same comprehensive regulatory regime imposed on the sale of regular insurance policies.

Received in the Senate

Dec. 14, 2012

Passed in the Senate 38 to 0 (details)

To concur with the House-passed version of the bill.

Signed by Gov. Rick Snyder

Dec. 31, 2012