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2015 SESSION
HB 1920 Virginia Consumer Protection Act; exclusions.
Introduced by: James M. LeMunyon | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Virginia Consumer Protection Act; exclusions. Excludes a service provided by a public service corporation from application of the Virginia Consumer Protection Act (the Act) if the provision of the service is regulated by the State Corporation Commission (SCC). A service provided by a public service corporation therefore will be subject to the provisions of the Act if the service is not regulated by the SCC. The measure also (i) updates a reference to small loan companies and (ii) clarifies that the Act's exclusion for financial institutions, broker-dealers, gas suppliers, and insurance companies applies only if such entities are regulated and supervised by the SCC or a comparable federal regulatory body.
FULL TEXT
HISTORY
- 01/13/15 House: Prefiled and ordered printed; offered 01/14/15 15103448D
- 01/13/15 House: Referred to Committee on Commerce and Labor
- 01/20/15 House: Assigned C & L sub: Subcommittee #2
- 01/22/15 House: Subcommittee recommends laying on the table by voice vote
- 02/10/15 House: Left in Commerce and Labor