OR HB2514 | 2015 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on July 6 2015 - 100% progression
Action: 2015-07-06 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on July 6 2015 - 100% progression
Action: 2015-07-06 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]
Summary
Prohibits insurer from declaring motor vehicle total loss unless loss to motor vehicle totals 85 percent or more of vehicle's market value, as shown in vehicle valuation catalog, database or other printed or electronically published reference guide that motor vehicle dealers, distributors and other persons that engage in business of buying and selling motor vehicles generally regard as authoritative. Declares emergency, effective on passage.
Title
Relating to declarations of total loss under motor vehicle insurance policies; declaring an emergency.
Sponsors
| Rep. Brian Clem [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2015-07-06 | House | In committee upon adjournment. |
| 2015-01-16 | House | Referred to Consumer Protection and Government Effectiveness. |
| 2015-01-12 | House | First reading. Referred to Speaker's desk. |
Oregon State Sources
| Type | Source |
|---|---|
| Summary | https://olis.oregonlegislature.gov/liz/2015R1/Measures/Overview/HB2514 |
| Text | https://olis.oregonlegislature.gov/liz/2015R1/Downloads/MeasureDocument/HB2514/Introduced |
