SF2230 (Legislative Session 94 (2025-2026))
Homeowner's insurance advertisements regulation provisions
Related bill: HF1519
AI Generated Summary
This bill (Senate File No. 2230) proposes a new regulation for homeowners insurance advertisements in Minnesota. It requires insurance companies operating in the state to disclose specific financial information in their advertisements, including:
- The total amount spent on advertising and marketing in the previous calendar year.
- If the company is publicly traded, the increase or decrease in its stock prices for the previous calendar year.
The proposed law aims to enhance transparency in homeowners insurance marketing.
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 06, 2025 | Senate | Action | Introduction and first reading | ||
| March 06, 2025 | Senate | Action | Referred to | Commerce and Consumer Protection |
Progress through the legislative process
In Committee