PAID Act

Fact Sheet API

Bill Number

HR 1270

Introduced

Feb 23, 2021

Latest Action

Referred to the Subcommittee on Consumer Protection and Commerce.

Sponsor

Cosponsors

Topics

Administrative law and regulatory procedures Civil actions and liability Federal district courts Finance and Financial Sector Fraud offenses and financial crimes Legal fees and court costs Life, casualty, property insurance Motor vehicles State and local courts State and local government operations

Full Text

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Votes

Summary

Prohibit Auto Insurance Discrimination Act or the PAID Act

This bill prohibits an automobile insurer from considering specified factors when determining a consumer's insurance rates or eligibility. These prohibited factors include

gender,
employment status,
zip code,
census tract,
marital status, and
credit score.

Automobile insurers must make underwriting rules and rate filings available to the public.

The Federal Trade Commission may enforce a violation of these requirements as an unfair or deceptive act or practice.

Actions

Feb 24, 2021

Referred to the Subcommittee on Consumer Protection and Commerce.
Feb 23, 2021

Referred to the Committee on Financial Services, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Feb 23, 2021

Introduced in House

Amendments

Related Bills