File Code: Insurance - Other than Health
Prior Year Introduction As: SB 518/99 - FIN
Crossfiled with: HOUSE BILL 119
- Sponsored By:
-
Senator Astle
- Entitled:
-
Mutual Insurance Holding Company Act
Establishing a process by which a mutual insurance company can convert
to a stock insurer and form a mutual insurance holding company;
requiring mutual insurers that wish to use this process to convert in
accordance with a plan of reorganization; requiring a plan of
reorganization to contain specified provisions; providing membership
rights to specified policyholders; providing for the application of
mutual insurance policy terms and conditions after a reorganization;
etc.
Senate Action
- 1/19
- First Reading Finance
- Hearing 2/1 at 1:00 p.m.
- 1/24
- Hearing cancelled
- Hearing 2/1 at 1:30 p.m.
- 2/14
- Favorable with Amendments Report by Finance
- 2/15
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 2/17
- Third Reading Passed (47-0)
- 4/1
- Returned Passed
- 5/19
- Governor vetoed - Cross-filed bill was signed
House Action
- 2/18
- First Reading Economic Matters
- 3/22
- Hearing 3/29 at 1:00 p.m.
- 3/30
- Favorable Report by Economic Matters
- 3/28
- Favorable Report Adopted
- Second Reading Passed
- 3/29
- Third Reading Passed (136-0)
- Bill indexed under the following Subjects:
- CORPORATIONS -see also- MUNICIPAL CORPORATIONS
- HEARINGS
- INSURANCE ADMINISTRATION
- INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
- RULES AND REGULATIONS
- SECURITIES
- Bill affects the following Statutes:
- Insurance
- (
3-121.1 ,
7-103
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
- Senate
- Number: 577379/1 (PDF) Offered on: February 15, 2000 at:
10:46 a.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
- Senate
- February 17, 2000: Third Reading Passed (47-0)
- House
- March 29, 2000: Third Reading Passed (136-0)