AN ACT CONCERNING THE ASSIGNMENT OF POST-LOSS HOMEOWNERS AND COMMERCIAL PROPERTY INSURANCE BENEFITS, CONSUMER BILL OF RIGHTS AND REVISING DISCLOSURE REQUIREMENTS FOR HOME IMPROVEMENT CONTRACTORS AND SALESPERSONS.
FILE NO. 747
Summary
The bill sets up a formal process for homeowners or commercial property owners to assign their post‑loss insurance benefits to a contractor, and it adds new consumer‑protective disclosures and cancellation rights in home‑improvement contracts. It also expands licensing, insurance, and reporting obligations for contractors and salespersons, and directs the Insurance Commissioner to publish a consumer bill of rights. The measure failed to pass.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Topics
Track this bill
Get an email when HB 5263 moves: committee action, floor votes, amendments and hearings. Free, no card.
Track HB 5263 freeOr ask your AI assistant about HB 5263 directly:
Add to Claude, ChatGPT or Cursor