Truth in Automobile Insurance Rates Act of 2001
Last action on Mar 22, 2001Referred to the Subcommittee on Employer-Employee Relations.
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Summary
Truth in Automobile Insurance Rates Act of 2001 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to require that certain information relating to automobile insurance coverage be submitted to the Federal Trade Commission (FTC) by persons: (1) who are plan administrators of employee pension benefit plans or provide administrative services to such plans; and (2) who also provide automobile insurance coverage or provide persons offering such coverage identifying information relating to plan participants or beneficiaries.
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