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House Business Committee sends HCR 7 on state-based title insurance to the floor
Summary
The House Business Committee voted Feb. 17 to send House Concurrent Resolution 7, defending state-based title insurance regulation and warning of federal overreach, to the full House with a do-pass recommendation after sponsor and industry testimony.
The House Business Committee voted Feb. 17 to send House Concurrent Resolution 7 to the full House with a do-pass recommendation, committee Chair Clow announced at the conclusion of a public hearing and brief debate.
The resolution, sponsored by Rep. John Schertz, expresses the state's opposition to what he described as federal efforts to undermine state-based regulation of title insurance. Schertz told the committee the measure is intended to push back on "federal overreach" and to affirm the state's authority over title insurance regulation.
Schertz said the measure is fundamentally about federalism. "This is a concurrent resolution, that talks…
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