2003 Regular Session

SENATE BILL 167

CHAPTER NUMBER: 69 File Code: Insurance - Other than Health Crossfiled with: HOUSE BILL 717
Sponsored By:
Senator Astle
Entitled:
Insurance - Premium Finance Agreements

Synopsis:

Providing that a premium finance agreement, in addition to financing the premium of a surplus lines insurance contract, may include specified premium receipts taxes and fees charged by a surplus lines broker; and altering the manner in which a finance charge is computed.

History by Legislative Date

Senate Action
1/27
First Reading Finance
2/19
Hearing 3/11 at 1:00 p.m.
3/17
Favorable with Amendments Report by Finance
3/18
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/20
Third Reading Passed (46-0)
3/31
Returned Passed
4/22
Signed by the Governor Chapter 69
House Action
3/20
First Reading Economic Matters
3/25
Hearing 3/27 at 1:00 p.m.
3/31
Favorable Report by Economic Matters
3/27
Favorable Report Adopted
Second Reading Passed
3/28
Third Reading Passed (140-0)
Bill indexed under the following Subjects:
AGENTS AND BROKERS
FEES -see also- DEVELOPMENT FEES AND TAXES
INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
LOANS -see also- MORTGAGES
REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.
Bill affects the following Statutes:
Insurance
( 23-301.1 , 23-304 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
Senate
Number: 807773/01 (PDF)     Offered on: March 18, 2003   at: 11:31 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 20, 2003: Third Reading Passed (46-0)
House
March 28, 2003: Third Reading Passed (140-0)