H.B. 4466 (H-2): COMMITTEE SUMMARY                            AUTO INS. PREMIUM DISCOUNTS

House Bill 4466 (Substitute H-2) Sponsor: Representative Gerald Law House Committee: Insurance

Senate Committee: Financial Services

Date Completed: 10-10-95

SUMMARY OF HOUSE BILL 4466 (Substitute H-2) as passed by the House:

The bill would amend the Insurance Code to allow an automobile insurer to establish and maintain premium discount plans for one or more of the following, if uniformly offered and applied:

--   Personal protection insurance.

--   Property protection insurance.

--   Residual liability insurance.

--   Comprehensive insurance.

--   Collision insurance.

--   Other insurance coverages.

Proposed MCL 500.2110a                                                               Legislative Analyst: P. Affholter

FISCAL IMPACT

The bill would not affect the regulatory workload of the Department of Commerce or have a fiscal impact on the State or local governmental units.

Fiscal Analyst: K. Lindquist

S9596\S4466SA

This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.

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