File Code: Insurance - Other than Health
Crossfiled with: HOUSE BILL 666
- Sponsored By:
-
Senators Gladden,
Kelley, Klausmeier, Hooper, and Middleton
- Entitled:
-
Insurance - Delinquency Proceedings Against Insolvent Insurers -
Financial Contracts
Providing that a person may not be stayed or otherwise prohibited from
exercising specified rights in delinquency proceedings brought under
specified provisions of law against specified insurers; requiring
specified net or settlement amounts due to an insurer subject to a
specified delinquency proceeding to be transferred to or on the order
of the receiver for the insurer; specifying the manner in which a
receiver in a delinquency proceeding must transfer specified netting
agreements and qualified financial contracts; etc.
Senate Action
- 2/4
- First Reading Finance
- 2/7
- Hearing 2/22 at 1:00 p.m.
- 3/8
- Favorable with Amendments Report by Finance
- 3/9
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/11
- Third Reading Passed (46-0)
- 4/5
- Returned Passed
House Action
- 3/14
- First Reading Economic Matters
- 3/23
- Hearing 3/30 at 1:00 p.m.
- 4/6
- Favorable Report by Economic Matters
- 4/1
- Favorable Report Adopted
- Second Reading Passed
- 4/2
- Third Reading Passed (136-0)
Action after passage in Senate and House
- 5/26
- Governor vetoed - Cross-filed bill was signed
Sponsored by:
- Senator Lisa A. Gladden, District 41
- Senator J. Robert Hooper, District 35
- Senator Delores G. Kelley, District 10
- Senator Katherine Klausmeier, District 8
- Senator Thomas M. Middleton, District 28
Bill indexed under the following Subjects:
- BANKRUPTCY
- CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
- CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT
- DAMAGES
- INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
- NOTICES
Bill affects the following Statute:
- Insurance
- (
9-229.1
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal Note (Displayed in PDF Format):
Available
- Amendments (Displayed in WordPerfect 8 Format):
Senate
- Number: 137378/01 (PDF) Offered on: March 9, 2005 at:
11:05 a.m. Status: Adopted
- Roll Call Votes (Legislative dates are shown):
Senate
- March 11, 2005: Third Reading Passed (46-0)
House
- April 2, 2005: Third Reading Passed (136-0)
