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Bill > S503


MA S503

MA S503
Relative to a stay of surcharge pending appeal hearing


summary

Introduced
04/15/2015
In Committee
04/15/2015
Crossed Over
Passed
Dead
07/31/2016

Introduced Session

189th General Court

Bill Summary

For legislation to authorize the stay of surcharges under the motor vehicle insurance laws until the final disposition of appeals. Financial Services.

AI Summary

This bill proposes to amend Massachusetts General Laws Chapter 175, Section 113P, which deals with motor vehicle insurance. Specifically, it adds a provision that requires the "Board" (referring to the appropriate appeals board within the insurance system) to pause or "stay" any surcharges that are being applied to an individual's insurance premiums until a final appeal hearing has been completed. This means that if someone is appealing a decision that led to a surcharge on their car insurance, they will not have to pay that extra amount while their appeal is being processed and decided.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Accompanied a study order, see S2318 (on 06/06/2016)

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