File Code: Insurance - Other than Health
- Sponsored By:
-
Delegate McHale
- Entitled:
-
Insurers - Assets and Investments - Location
Altering the exceptions to the types of assets that domestic insurers
with their home or executive offices in the State are required to keep
in the State; repealing the 15% limitation on the amount of admitted
assets that a domestic insurer may keep outside of the State; and
altering the conditions under which the reserve investments of a life
insurer may include derivative transactions.
House Action
- 2/14
- First Reading House Rules and Executive Nominations
- 2/27
- Re-referred Health and Government Operations
- 3/5
- Hearing 3/18 at 1:00 p.m.
- 3/31
- Favorable Report by Health and Government Operations
- 3/27
- Favorable Report Adopted
- Second Reading Passed
- 3/28
- Third Reading Passed (137-0)
- 4/3
- Returned Passed
- 5/22
- Governor vetoed - Duplicative
Senate Action
- 3/31
- First Reading Senate Rules
- 4/4
- Re-referred Finance
- 4/5
- Favorable Report by Finance
- 4/3
- Favorable Report Adopted
- Second Reading Passed
- 4/4
- Third Reading Passed (47-0)
- Bill indexed under the following Subjects:
- INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
- INTERSTATE AFFAIRS
- INVESTMENTS -see also- SECURITIES
- SECURITIES
- Bill affects the following Statutes:
- Insurance
- (
4-115 ,
5-511 ,
5-511
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered
- Roll Call Votes (Legislative dates are shown):
- House
- March 28, 2003: Third Reading Passed (137-0)
- Senate
- April 4, 2003: Third Reading Passed (47-0)
