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Legislation

Original
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Opposite
Chamber
1st
Reading
Referral
to Cmte
2nd
Reading
3rd
Reading
Review in
Original Chamber
Passed Both
Chambers
Conf. Cmte
(if necessary)
To Governor
Title
Insurance - Investments of Insurers Other Than Life Insurers - Real Estate
Sponsored by
Delegate D.E. Davis
Status
Approved by the Governor - Chapter 229
Analysis
Fiscal and Policy Note
Synopsis
Requiring various authorized reserve real estate investments of insurers other than life insurers to be for the accommodation of business; authorizing other reserve investments to include fee-simple or improved leasehold real estate or interests in limited partnerships formed for the development or ownership of fee-simple or leasehold real estate only under certain circumstances; prohibiting the value of certain reserve investments from exceeding certain percentages of the admitted assets of the insurer; etc.
Committees
Original:
Economic Matters  
Opposite:
Finance
Details
Cross-filed with: SB0523
Bill File Type: Regular
Effective Date(s): October 1, 2019
History
Legislation History
Chamber
House
Calendar Date
2/06/2019
Legislative Date
2/06/2019
Action
First Reading Economic Matters
Proceedings
Chamber
House
Calendar Date
2/07/2019
Legislative Date
2/07/2019
Action
Hearing 2/14 at 1:00 p.m.
Proceedings
Chamber
Calendar Date
Legislative Date
Action
Vote - House - Committee - Economic Matters
Proceedings
Chamber
House
Calendar Date
3/04/2019
Legislative Date
3/04/2019
Action
Favorable Report by Economic Matters
Proceedings
Chamber
House
Calendar Date
3/05/2019
Legislative Date
3/05/2019
Action
Favorable Adopted Second Reading Passed
Proceedings
40
Chamber
House
Calendar Date
3/07/2019
Legislative Date
3/07/2019
Action
Third Reading Passed (140-0)
Proceedings
42
Chamber
Senate
Calendar Date
3/08/2019
Legislative Date
3/08/2019
Action
Referred Finance
Proceedings
42
Chamber
Calendar Date
Legislative Date
Action
Vote - Senate - Committee - Finance
Proceedings
Chamber
Senate
Calendar Date
3/25/2019
Legislative Date
3/25/2019
Action
Favorable Report by Finance
Proceedings
Chamber
Senate
Calendar Date
3/27/2019
Legislative Date
3/23/2019
Action
Favorable Adopted Second Reading Passed
Proceedings
55
Chamber
Senate
Calendar Date
3/28/2019
Legislative Date
3/24/2019
Action
Third Reading Passed (47-0)
Proceedings
56
Chamber
House
Calendar Date
3/29/2019
Legislative Date
3/21/2019
Action
Returned Passed
Proceedings
56
Chamber
Post Passage
Calendar Date
4/30/2019
Legislative Date
4/30/2019
Action
Approved by the Governor - Chapter 229
Proceedings
Chamber Calendar Date Legislative Date Action Proceedings
House 2/06/2019 2/06/2019 First Reading Economic Matters
Text - First - Insurance - Investments of Insurers Other Than Life Insurers - Real Estate
House 2/07/2019 2/07/2019 Hearing 2/14 at 1:00 p.m.
Vote - House - Committee - Economic Matters
House 3/04/2019 3/04/2019 Favorable Report by Economic Matters
House 3/05/2019 3/05/2019 Favorable Adopted Second Reading Passed 40
Text - Third - Insurance - Investments of Insurers Other Than Life Insurers - Real Estate
House 3/07/2019 3/07/2019 Third Reading Passed (140-0) 42
Senate 3/08/2019 3/08/2019 Referred Finance 42
Vote - Senate - Committee - Finance
Senate 3/25/2019 3/25/2019 Favorable Report by Finance
Senate 3/27/2019 3/23/2019 Favorable Adopted Second Reading Passed 55
Senate 3/28/2019 3/24/2019 Third Reading Passed (47-0) 56
House 3/29/2019 3/21/2019 Returned Passed 56
Post Passage 4/30/2019 4/30/2019 Approved by the Governor - Chapter 229
Text - Chapter - Insurance - Investments of Insurers Other Than Life Insurers - Real Estate
File Code
Subjects
Statutes
(   5-605, 5-608 )
Last Updated: 2/3/2020 2:30 PM