1.1                          A bill for an act 
  1.2             relating to insurance; prohibiting use of credit 
  1.3             information; amending Minnesota Statutes 2000, section 
  1.4             72A.20, by adding a subdivision. 
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  Minnesota Statutes 2000, section 72A.20, is 
  1.7   amended by adding a subdivision to read: 
  1.8      Subd. 36.  [USE OF CREDIT INFORMATION.] No insurer may 
  1.9   request or use the credit history, credit report, credit score, 
  1.10  or any other credit information of any applicant for coverage or 
  1.11  of any current insured for the purposes of underwriting, 
  1.12  determining the premium rate, or any other purpose.  This 
  1.13  section does not apply to insurance sold to a business. 
  1.14     Sec. 2.  [EFFECTIVE DATE.] 
  1.15     Section 1 is effective the day following final enactment.