HB 2473
An Act repealing obsolete laws related to insurance.
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- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill aims to remove outdated and expired laws related to insurance in Pennsylvania. The legislation specifically repeals several acts and sections of the Insurance Company Law of 1921, as well as the Flood Insurance Education and Information Act. By eliminating these obsolete laws, the state seeks to streamline its insurance regulations and remove unnecessary legal complexities.
Key provisions
- Repeals the Flood Insurance Education and Information Act of 1996.
- Repeals specific sections of the Insurance Company Law of 1921.
- Removes obsolete and expired insurance-related laws.
- The General Assembly declares the repeals necessary to remove outdated regulations.
Who is affected
- Insurance companies
- Pennsylvania residents who purchase insurance
- The Pennsylvania Insurance Department
Notable changes
- Elimination of the Flood Insurance Education and Information Act.
- Removal of specific sections of the Insurance Company Law of 1921.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Cosponsors
Benjamin Sanchez
Daniel Deasy
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