SENATE BILL 598

Sponsored By:

Senator Dorman

Entitled:

Insurance Rating Law - Exempt Commercial Policyholders

Synopsis:

Exempting from filing requirements under prior approval insurance rating law insurers that issue policies to exempt commercial policyholders; requiring an exempt commercial policyholder to certify to the insurer issuing coverage and the Insurance Commissioner that the policyholder meets specified criteria for exemption; specifying the contents of the certification; authorizing the Insurance Commissioner to require by regulation information about policies written for exempt commercial policyholders; etc.

History by Legislative Date

Senate Action

2/4

First Reading Finance

2/8

Hearing 2/22 at 1:00 p.m.

3/20

Favorable with Amendments Report by Finance

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

3/22

Third Reading Passed (47-0)

4/4

Senate Concur - House Amendments

Third Reading Passed (46-0)

Passed Enrolled

5/18

Signed by the Governor Chapter 541

House Action

3/22

First Reading Economic Matters

3/28

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

4/3

Favorable with Amendments Report by Economic Matters

3/30

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

3/31

Third Reading Passed with Amendments (139-0)

Bill indexed under the following Subjects:

COMMERCE AND BUSINESS -see also- DEALERS; TRADERS; etc

DISCLOSURE

FORMS

INSURANCE ADMINISTRATION

INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS

PRICES -see also- CONSUMER PRICE INDEX

RULES AND REGULATIONS

Bill affects the following Statute:

Insurance

( 11-206 )

Documents:

Bill Text: First Reading (PDF), Third Reading (PDF), Enrolled (PDF)

Fiscal Note: Available (PDF)

Amendments:

Senate

Number: 067574/1 (PDF)     Offered on: March 20, 2000   at: 9:23 p.m.     Status: Adopted

House

Number: 573891/1 (PDF)     Offered on: April 3, 2000   at: 11:45 a.m.     Status: Adopted

Roll Call Votes (Legislative dates are shown):

Senate

March 22, 2000: Third Reading Passed (47-0)

April 4, 2000: Third Reading Passed (46-0)

House

March 31, 2000: Third Reading Passed (139-0)