Sponsor Statement: House Bill 47 - Insurance Discrimination by Credit Rating

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Updated:	February 20, 2003
Olivia Powell Legislative Aide	465-3779 (Jan-May)

"An Act prohibiting discrimination by credit rating or credit scoring in certain insurance rates; and providing for an effective date."

This bill prevents the use of credit records as a basis for insurance rates. Credit scoring is not an equitable way to determine insurance viability.

Last Updated: 02/20/2003

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