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Legislation


1998 Regular Session

SENATE BILL 761

CHAPTER NUMBER: 650 File Code: Insurance - Liability and Miscellaneous Crossfiled with: HOUSE BILL 1377
Sponsored By:
Senator Bromwell
Entitled:
Foreign Investments of Life Insurers

Synopsis:

Authorizing life insurers to acquire foreign investments or engage in investment practices with persons of or in foreign jurisdictions under specified circumstances; authorizing life insurers to acquire investments or engage in investment practices denominated in foreign currencies under specified circumstances; authorizing life insurers authorized to do business in a foreign jurisdiction to acquire foreign investments under specified circumstances; etc.

History by Legislative Date

Senate Action
2/27
First Reading Senate Rules
3/5
Re-referred Finance
Hearing 3/18 at 1:00 p.m.
3/23

Favorable with Amendments Report by Finance
3/24
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/26
Third Reading Passed (47-0)
4/8
Senate Concur - House Amendment
Third Reading Passed (46-0)
Passed Enrolled
5/21
Signed by the Governor Chapter 650
House Action
3/26
First Reading Economic Matters
3/31
Hearing 4/2 at 1:00 p.m.
4/3
Favorable with Amendments Report by Economic Matters
3/31
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
4/1
Third Reading Passed with Amendments (138-0)
Bill indexed under the following Subjects:
FOREIGN TRADE -see also- INTERNATIONAL AFFAIRS
INSURANCE -see also- HEALTH INSURANCE; MOTOR VEHICLE INS
INTERNATIONAL AFFAIRS -see also- FOREIGN TRADE
INVESTMENTS -see also- SECURITIES
Bill affects the following Statute:
Insurance
( 5-509 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled (PDF)
Fiscal Note: Available (PDF)
Amendments:
Senate
Number: 307953/2 (PDF)     Offered on: March 24, 1998   at: 12:39 p.m.     Status: Adopted
House
Number: 333670/1 (PDF)     Offered on: April 3, 1998   at: 10:42 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 26, 1998: Third Reading Passed (47-0)
April 8, 1998: Third Reading Passed (46-0)
House
April 1, 1998: Third Reading Passed (138-0)
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