SENATE BILL 238

Sponsored By:

Senator Astle

Entitled:

Insurance - Surplus Lines Brokers - Policy and Inspection Fees

Synopsis:

Altering specified authority of specified surplus lines brokers to charge specified policy fees on specified policies procured by specified 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

Senate Action

1/29

First Reading Finance

1/30

Hearing 2/17 at 1:00 p.m.

2/24

Favorable with Amendments Report by Finance

2/25

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

2/27

Third Reading Passed (47-0)

4/5

Senate Concur - House Amendment

Third Reading Passed (45-0)

Passed Enrolled

5/11

Signed by the Governor Chapter 256

House Action

3/1

First Reading Economic Matters

3/17

Hearing 3/30 at 1:00 p.m.

4/5

Favorable with Amendments Report by Economic Matters

4/2

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

4/3

Third Reading Passed with Amendments (140-0)

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 (PDF)

Fiscal Note: Available (PDF)

Amendments:

Senate

Number: 607874/01 (PDF)     Offered on: February 25, 2004   at: 10:25 a.m.     Status: Adopted

House

Number: 363894/01 (PDF)     Offered on: April 5, 2004   at: 12:20 p.m.     Status: Adopted

Roll Call Votes (Legislative dates are shown):

Senate

February 27, 2004: Third Reading Passed (47-0)

April 5, 2004: Third Reading Passed (45-0)

House

April 3, 2004: Third Reading Passed (140-0)