Relates to the use of assumed and corporate names by companies in the business of household goods moving; provides that companies may not use the words "mover", "moving", or "relocation service" or any abbreviation or derivative thereof unless approved by the commissioner of transportation.
Impact
If enacted, S09319 would amend existing business corporation laws, limited liability company laws, and partnership laws to enforce stringent naming requirements. Businesses wishing to incorporate or change their name would need to attach proof of approval from the commissioner of transportation. This change is significant in that it enforces oversight on how companies identify themselves, which could enhance consumer trust and mitigate fraudulent practices in the moving industry.
Summary
Bill S09319 aims to regulate the use of assumed and corporate names by companies involved in the household goods moving industry. It specifically prohibits the use of terms such as 'mover,' 'moving,' or 'relocation service' in any corporate name or advertisement without the express approval of the commissioner of transportation. This measure is intended to prevent misleading representations that could confuse the public regarding the legitimacy and operational certification of such companies, ensuring accountability within the industry.
Contention
Notably, the bill has sparked discussions among stakeholders in the transportation and business sectors regarding the balance between regulatory oversight and operational flexibility. Proponents argue that the bill is necessary to protect consumers from entities that might misrepresent themselves. Meanwhile, some industry participants express concerns about the potential bureaucratic hurdles this bill imposes, fearing it may restrict genuine businesses while failing to deter dishonest actors who may operate outside the law.
Same As
Relates to the use of assumed and corporate names by companies in the business of household goods moving; provides that companies may not use the words "mover", "moving", or "relocation service" or any abbreviation or derivative thereof unless approved by the commissioner of transportation.
Relates to the use of assumed and corporate names by companies in the business of household goods moving; provides that companies may not use the words "mover", "moving", or "relocation service" or any abbreviation or derivative thereof unless approved by the commissioner of transportation.
Requires insurance companies, medical expense indemnity corporations, hospital service corporations, health service corporations and medical assistance programs to provide coverage for prescribed antiviral therapeutics approved by the food and drug administration for the treatment of COVID-19 at no cost to the patient.
Enacts the "billing transparency act"; provides that every utility corporation, energy services corporation and municipality shall provide an itemized breakdown of customers' bills each month; provides that electric utility corporations, energy services companies and municipalities shall maintain a dedicated and easily accessible customer website that explains customer charges.
Enacts the "mandatory arbitration & business licensing act"; provides that no state agency or local government shall issue or renew a covered license to any person that refuses to certify that such person will not, as the owner or operator of a business or provider of services in the state or a local government operating pursuant to such license; makes related provisions.
Enacts the "mandatory arbitration & business licensing act"; provides that no state agency or local government shall issue or renew a covered license to any person that refuses to certify that such person will not, as the owner or operator of a business or provider of services in the state or a local government operating pursuant to such license; makes related provisions.
Requires legislative approval of any utility rate or charge increase approved by the public service commission; provides that the legislature can approve, modify or rescind any rate or charge increase approved by the commission by concurrent resolution; provides that the legislature can review any rate or charge increase approved in the prior 12 months.
Requires legislative approval of any utility rate or charge increase approved by the public service commission; provides that the legislature can approve, modify or rescind any rate or charge increase approved by the commission by concurrent resolution; provides that the legislature can review any rate or charge increase approved in the prior 12 months.
Allows the department of financial services to have additional oversight of banks and insurance companies that are not currently licensed in this state; provides penalties for violations.