2004 Regular Session

HOUSE BILL 422

File Code: Insurance - Other than Health Crossfiled with: SENATE BILL 238
Sponsored By:
Delegate Moe
Entitled:
Insurance - Surplus Lines Brokers - Policy and Inspection Fees

Synopsis:

Altering specified authority of specified surplus lines brokers to charge policy fees on specified policies procured by licensed producers to whom the surplus lines broker pays a commission; specifying a limit on the policy fee that a specified surplus lines broker may charge on a policy issued by an authorized insurer that was procured by specified licensed producers to whom the surplus lines broker pays a commission; etc.

History by Legislative Date

House Action
1/29
First Reading Economic Matters
2/2
Hearing 2/10 at 1:00 p.m.
3/8
Favorable with Amendments Report by Economic Matters
3/9
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/11
Third Reading Passed (137-0)
3/31
Returned Passed
5/26
Governor vetoed - Cross-filed bill was signed
Senate Action
3/12
First Reading Finance
3/16
Hearing 3/25 at 1:00 p.m.
3/30
Favorable Report by Finance
Favorable Report Adopted
Second Reading Passed
3/31
Third Reading Passed (47-0)
Bill indexed under the following Subjects:
AGENTS AND BROKERS
CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
FEES -see also- DEVELOPMENT FEES AND TAXES
INSPECTIONS -see also- MOTOR VEHICLE INSPECTION
INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
Bill affects the following Statute:
Insurance
( 27-216 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)
Amendments:
House
Number: 463698/01 (PDF)     Offered on: March 9, 2004   at: 10:18 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
House
March 11, 2004: Third Reading Passed (137-0)
Senate
March 31, 2004: Third Reading Passed (47-0)