PRIOR PRINTER'S NO. 1129 PRINTER'S NO. 3497
No. 1013 Session of 1995
INTRODUCED BY LEVDANSKY, OLASZ, STABACK, GIGLIOTTI, TIGUE,
DALEY, ITKIN, CAWLEY, LUCYK, COLAIZZO, WALKO, READSHAW,
HALUSKA, KUKOVICH, TRELLO, BELARDI, MIHALICH, BELFANTI,
McCALL, PETTIT, VAN HORNE, PRESTON, DeLUCA, YOUNGBLOOD,
MICHLOVIC, KAISER, PISTELLA AND HABAY, MARCH 6, 1995
AS REPORTED FROM COMMITTEE ON COMMERCE AND ECONOMIC DEVELOPMENT,
HOUSE OF REPRESENTATIVES, AS AMENDED, MAY 7, 1996
AN ACT
1 Requiring lending companies INSTITUTIONS TO UTILIZE INFORMATION <--
2 PROVIDED BY THE DEPARTMENT OF ENVIRONMENTAL PROTECTION to
3 inform home mortgage applicants of THE AVAILABILITY OF mine <--
4 subsidence insurance.
5 The General Assembly of the Commonwealth of Pennsylvania
6 hereby enacts as follows:
7 Section 1. Duty of lending institutions DUTIES OF DEPARTMENT OF <--
8 ENVIRONMENTAL PROTECTION AND LENDING
9 INSTITUTIONS.
10 (a) Notification about mine MINE subsidence insurance <--
11 INFORMATION.--Lending institutions shall UTILIZE INFORMATION <--
12 PROVIDED BY THE DEPARTMENT OF ENVIRONMENTAL PROTECTION TO inform
13 home mortgage applicants of the availability of mine subsidence
14 insurance FROM THE DEPARTMENT. Applicants shall be informed that <--
15 the Department of Environmental Resources PROTECTION makes such <--
16 insurance available under the act of April 27, 1966 (1st <--
17 Sp.Sess., P.L.31, No.1), known as The Bituminous Mine Subsidence
1 and Land Conservation Act. AUGUST 23, 1961 (P.L.1068, NO.484), <--
2 ENTITLED, AS REENACTED AND AMENDED, "AN ACT TO PROVIDE FOR THE
3 CREATION AND ADMINISTRATION OF A COAL AND CLAY MINE SUBSIDENCE
4 INSURANCE FUND WITHIN THE DEPARTMENT OF ENVIRONMENTAL RESOURCES
5 FOR THE INSURANCE OF COMPENSATION FOR DAMAGES TO SUBSCRIBERS
6 THERETO; DECLARING FALSE OATHS BY THE SUBSCRIBERS TO BE
7 MISDEMEANORS; PROVIDING PENALTIES FOR THE VIOLATION THEREOF; AND
8 MAKING AN APPROPRIATION."
9 (b) Availability of application forms.--As far as <--
10 practicable, lending institutions shall make application forms
11 for mine subsidence insurance available to home mortgage
12 applicants. When IF THE DEPARTMENT MAKES APPLICATION FORMS <--
13 AVAILABLE TO LENDING INSTITUTIONS, this form is TO BE <--
14 distributed to an applicant, it shall be accompanied by <--
15 application instructions and the address where it should be
16 sent. WHOSE PROPERTY WILL BE LOCATED IN THE FOLLOWING COUNTIES: <--
17 (1) COUNTIES IN THE ANTHRACITE COAL REGION:
18 (I) CARBON.
19 (II) COLUMBIA.
20 (III) DAUPHIN.
21 (IV) LACKAWANNA.
22 (V) LEBANON.
23 (VI) LUZERNE.
24 (VII) NORTHUMBERLAND.
25 (VIII) SCHUYLKILL.
26 (IX) SULLIVAN.
27 (X) SUSQUEHANNA.
28 (XI) WAYNE.
29 (XII) WYOMING.
30 (2) COUNTIES IN THE BITUMINOUS COAL REGION:
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1 (I) ALLEGHENY.
2 (II) ARMSTRONG.
3 (III) BEAVER.
4 (IV) BEDFORD.
5 (V) BLAIR.
6 (VI) BRADFORD.
7 (VII) BUTLER.
8 (VIII) CAMBRIA.
9 (IX) CAMERON.
10 (X) CENTRE.
11 (XI) CLARION.
12 (XII) CLEARFIELD.
13 (XIII) CLINTON.
14 (XIV) CRAWFORD.
15 (XV) ELK.
16 (XVI) FAYETTE.
17 (XVII) FOREST.
18 (XVIII) FULTON.
19 (XIX) GREENE.
20 (XX) HUNTINGDON.
21 (XXI) INDIANA.
22 (XXII) JEFFERSON.
23 (XXIII) LAWRENCE.
24 (XXIV) LYCOMING.
25 (XXV) MCKEAN.
26 (XXVI) MERCER.
27 (XXVII) POTTER.
28 (XXVIII) SOMERSET.
29 (XXIX) TIOGA.
30 (XXX) VENANGO.
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1 (XXXI) WARREN.
2 (XXXII) WASHINGTON.
3 (XXXIII) WESTMORELAND.
4 (C) LIMITATION.--NOTWITHSTANDING THE PROVISIONS OF
5 SUBSECTION (B), FINANCIAL INSTITUTIONS SHALL ONLY BE REQUIRED TO
6 DISTRIBUTE INFORMATION AND APPLICATION FORMS TO APPLICANTS WHOSE
7 PROPERTY WILL BE LOCATED IN THE ANTHRACITE OR BITUMINOUS COAL
8 MINE REGIONS AS DESIGNATED BY THE COAL AND CLAY MINE SUBSIDENCE
9 INSURANCE BOARD.
10 Section 2. Effective date.
11 This act shall take effect in 60 days.
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