Tuesday, February 28, 2012

This Week at the Circus


The 90-day General Assembly session has passed the halfway point. Potentially divisive issues including legislative redistricting and several bills on social issues dominated the first half, but are now resolved.

This week, the Scoop will be watching carefully as elected Delegates and Senators take on the budget and a host of insurance issues. But don't worry, they aren't working on the gas tax yet (insert your own joke here).

Here's what we're watching this week:

HB 569 / SB 624Motor Scooters: This is a bill by the Motor Scooter retailers to defeat efforts to require insurance on scooters.

HB 356 / SB 907 - Rental Vehicles: Making your own policy primary instead of the rental company's policy.

HB 87 / SB 152 - Budget Reconciliation and Financing Act:  Transfer of funds from IWIF to the General Fund/Income tax deduction/Teacher pension subsidy shifts from State to counties/Digital Product Tax Reform (music, books, movies)

HB 1017 / SB 745 - IWIF Reform: Proposing that the Injured Workers Insurance Fund convert from a quasi-State entity to a private insurance company called the Chesapeake Employers' Insurance Company.

In addition to those, MAIF's budget hearing will be held this week.

Then there's the Host of Insurance related Legislation we mentioned earlier, being heard in the the House Economic Matters Committee:
HB 861 - Unfair Claims Practices
HB 876 - Commercial Insurance
HB 1059 - Rescission of Policy or Binder (bad check)
HB 1095 - Discovery of Material Risk Factor (misrepresentation)
HB 1094 / HB 1097 - Fraud language
HB 1105 -Bundling Prohibition (homeowners and auto)

Definitely a busy week on tap down on State Circle.

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