state laws at your finger tips
in concise, plain language
Legislation watch

2011 Senate Bill 859: Regulate “portable electronic device” extended warranty plans

Public Act 552 of 2012

Introduced by Sen. Dave Hildenbrand (R) on December 1, 2011 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.   Official Text and Analysis.
Referred to the Senate Insurance Committee on December 1, 2011
Reported in the Senate on May 23, 2012 With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered in the Senate on June 5, 2012
The substitute passed by voice vote in the Senate on June 5, 2012
Passed 38 to 0 in the Senate on June 6, 2012 (same description)
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 House on June 7, 2012
Referred to the House Insurance Committee on June 7, 2012
Reported in the House on December 13, 2012 With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered in the House on December 14, 2012
The substitute passed by voice vote in the House on December 14, 2012
Passed 107 to 0 in the House on December 14, 2012 (same description)
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 on December 14, 2012
Passed 38 to 0 in the Senate on December 14, 2012 To concur with the House-passed version of the bill.
Signed by Gov. Rick Snyder on January 2, 2013

Comments