PRINTER'S NO. 4143
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No.
2432
Session of
2015
INTRODUCED BY TOBASH, OCTOBER 27, 2016
REFERRED TO COMMITTEE ON INSURANCE, OCTOBER 27, 2016
AN ACT
Amending the act of May 17, 1921 (P.L.789, No.285), entitled, as
amended, "An act relating to insurance; establishing an
insurance department; and amending, revising, and
consolidating the law relating to the licensing,
qualification, regulation, examination, suspension, and
dissolution of insurance companies, Lloyds associations,
reciprocal and inter-insurance exchanges, and certain
societies and orders, the examination and regulation of fire
insurance rating bureaus, and the licensing and regulation of
insurance agents and brokers; the service of legal process
upon foreign insurance companies, associations or exchanges;
providing penalties, and repealing existing laws," in
insurance producers, further providing for imposition of
additional fees.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 674-A(b) of the act of May 17, 1921
(P.L.789, No.285), known as The Insurance Department Act of
1921, added December 6, 2002 (P.L.1183, No.147), is amended to
read:
Section 674-A. Imposition of additional fees.
* * *
(b) Application fee.--Notwithstanding other provisions of
this section, no insurance producer shall charge a fee for the
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completion of an application for a contract of insurance, unless
there is no commission paid for that noncommercial application.
Section 2. This act shall take effect in 60 days.
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