Legislation

Title: Insurance - Investments of Insurers Other Than Life Insurers - Real Estate
Sponsored by: Senators Beidle and Feldman
Status: Veto sustained (0-46)
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:: Finance Click to view Recorded Media

Opposite:: Economic Matters

Details

Cross-filed with: HB0602

Bill File Type: Regular

Effective Date(s): October 1, 2019

History

Legislation History
Chamber Senate Calendar Date 2/04/2019 Legislative Date 2/04/2019 Action First Reading Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Insurance - Investments of Insurers Other Than Life Insurers - Real Estate Proceedings
Chamber Senate Calendar Date 2/11/2019 Legislative Date 2/11/2019 Action Hearing 3/12 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 3/08/2019 Legislative Date 3/08/2019 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 3/08/2019 Legislative Date 3/08/2019 Action Hearing 3/12 at 9:00 a.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/13/2019 Legislative Date 3/13/2019 Action Favorable Report by Finance Proceedings
Chamber Senate Calendar Date 3/13/2019 Legislative Date 3/13/2019 Action Favorable Adopted Proceedings 45 Click to view Recorded Media
Chamber Senate Calendar Date 3/13/2019 Legislative Date 3/13/2019 Action Second Reading Passed Proceedings 45 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Insurance - Investments of Insurers Other Than Life Insurers - Real Estate Proceedings
Chamber Senate Calendar Date 3/15/2019 Legislative Date 3/15/2019 Action Third Reading Passed (47-0) Proceedings 47 Click to view Recorded Media
Chamber House Calendar Date 3/15/2019 Legislative Date 3/12/2019 Action Referred Economic Matters Proceedings 47 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Economic Matters Proceedings Click to view Recorded Media
Chamber House Calendar Date 4/03/2019 Legislative Date 4/03/2019 Action Favorable Report by Economic Matters Proceedings
Chamber House Calendar Date 4/03/2019 Legislative Date 3/24/2019 Action Favorable Adopted Second Reading Passed Proceedings 59 Click to view Recorded Media
Chamber House Calendar Date 4/04/2019 Legislative Date 3/27/2019 Action Third Reading Passed (134-0) Proceedings 62 Click to view Recorded Media
Chamber Senate Calendar Date 4/05/2019 Legislative Date 3/30/2019 Action Returned Passed Proceedings 62 Click to view Recorded Media
Chamber Post Passage Calendar Date 5/24/2019 Legislative Date 5/24/2019 Action Vetoed by the Governor (Duplicative) Proceedings
Chamber Calendar Date Legislative Date Action Governor's Veto Letter Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 1/09/2020 Legislative Date 1/09/2020 Action Veto sustained (0-46) Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/04/2019	2/04/2019	First Reading Finance
			Text - First - Insurance - Investments of Insurers Other Than Life Insurers - Real Estate
Senate	2/11/2019	2/11/2019	Hearing 3/12 at 1:00 p.m.
Senate	3/08/2019	3/08/2019	Hearing canceled
Senate	3/08/2019	3/08/2019	Hearing 3/12 at 9:00 a.m.
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	3/13/2019	3/13/2019	Favorable Report by Finance
Senate	3/13/2019	3/13/2019	Favorable Adopted	45 Click to view Recorded Media
Senate	3/13/2019	3/13/2019	Second Reading Passed	45 Click to view Recorded Media
			Text - Third - Insurance - Investments of Insurers Other Than Life Insurers - Real Estate
Senate	3/15/2019	3/15/2019	Third Reading Passed (47-0)	47 Click to view Recorded Media
House	3/15/2019	3/12/2019	Referred Economic Matters	47 Click to view Recorded Media
			Vote - House - Committee - Economic Matters	Click to view Recorded Media
House	4/03/2019	4/03/2019	Favorable Report by Economic Matters
House	4/03/2019	3/24/2019	Favorable Adopted Second Reading Passed	59 Click to view Recorded Media
House	4/04/2019	3/27/2019	Third Reading Passed (134-0)	62 Click to view Recorded Media
Senate	4/05/2019	3/30/2019	Returned Passed	62 Click to view Recorded Media
Post Passage	5/24/2019	5/24/2019	Vetoed by the Governor (Duplicative)
			Governor's Veto Letter	Click to view Recorded Media
Senate	1/09/2020	1/09/2020	Veto sustained (0-46)

File Code

Subjects

Statutes