2002 Regular Session

HOUSE BILL 1456

CHAPTER NUMBER: 286
EMERGENCY BILL
File Code: Insurance - Other than Health
Sponsored By:
Delegate Gordon
Entitled:
Insurance - Certificate of Authority - Penalties

Synopsis:

Altering the penalties for an insurer who fails to renew its certificate of authority on or before June 30; authorizing the Insurance Commissioner to determine the amount of specified penalties or forfeitures; requiring the Commissioner to consider specified factors in making that determination; and making the Act an emergency measure.

History by Legislative Date

House Action
3/23
First Reading House Rules and Executive Nominations
Motion Rules Suspended for late introduction (Delegate Gordon) Adopted (96-4)
Referred House Rules and Executive Nominations
3/26
Re-referred Economic Matters
3/27
Hearing 3/28 at 1:00 p.m.
3/29
Favorable Report by Economic Matters
3/28
Favorable Report Adopted
Second Reading Passed
3/29
Third Reading Passed (132-2)
4/6
Returned Passed
4/25
Signed by the Governor Chapter 286
Senate Action
3/31
First Reading Senate Rules
4/5
Re-referred Finance
4/6
Favorable Report by Finance
4/5
Favorable Report Adopted
Second Reading Passed
Motion two readings same day Const/Rule 24 (Senator Forehand) Rejected
4/6
Third Reading Passed (45-0)
Bill indexed under the following Subjects:
INSURANCE ADMINISTRATION
INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
LICENSES -see also- ALCOHOLIC BEV LIC; DRIVERS' LICENSES
PENALTIES
Bill affects the following Statute:
Insurance
( 4-112 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered
Roll Call Votes (Legislative dates are shown):
House
March 23, 2002: Motion Rules Suspended for late introduction (Gordon) Adopted (96-4)
March 29, 2002: Third Reading Passed (132-2)
Senate
April 6, 2002: Third Reading Passed (45-0)