| Full Text of SB 107 | Intro/ Offered | Passed | |||
| Version | Amended Name | Date | House | Senate | |
|---|---|---|---|---|---|
| SB0107A | SB 107 | ||||
| Manifest Error(s) | |||||
| SB0107Z | Enrolled SB 107 | ||||
29th Legislature(2015-2016)
Bill History/Action for Legislature
Next Bill- Bill SB 107
- Current Status CHAPTER 34 SLA 15
- Status Date 06/10/2015
- Bill Version
- Short Title INSURANCE; RISK MG'T; HOLDING COMPANIES
-
Sponsor(S)
SENATE LABOR & COMMERCE
- Title "An Act relating to insurance; relating to risk based capital for domestic insurers and fraternal benefit societies, including provisions related to insurers subject to risk based capital and action level event requirements; relating to review by the director of insurance of an insurer's risk based capital plan; relating to confidentiality and sharing of certain information submitted to the director of insurance; relating to evaluating an insurance holding company and the acquisition of control of or merger with a domestic insurer; relating to risk based capital, risk management, and own risk and solvency assessments of insurers; clarifying provisions related to risk based capital plans; relating to exemptions by the director of insurance for certain domestic and casualty insurers from risk based capital requirements; relating to insurance holding companies, including filing requirements, divestiture, content of statements, notifications, and hearings; relating to registration requirements of insurers; relating to transactions within an insurance holding company system or transactions involving a domestic insurer; relating to management and examination of domestic insurers that are part of an insurance holding company system; adding provisions relating to participation by the director of insurance in a supervisory college; relating to civil and criminal penalties for violations by insurers and individuals; relating to provisions for risk management and own risk and solvency assessments by insurers; relating to operating requirements for controlling insurance producers; relating to producer-controlled insurers; adding and amending definitions related to insurers; and providing for an effective date."
Fiscal Action Summary
| SB 107 | Published | |||||
| Fiscal Note | Preparer | Date | Chamber | Fiscal Impact | Cmte Report | Approp Bill |
|---|---|---|---|---|---|---|
| pdf Fiscal Note 1 | Commerce, Community & Economic Dev | S | N | SL&C, HL&C | ||
Bill Amendments Summary
- Bill : SB 107
Amendments that are adopted are incorporated into the next version of the bill.
PDF versions of the amendment may have slight variations from the Journal entry. The Journal should be considered the authoritative version.
| Action | Journal | ||||
| Amendment | Chamber | Action | Date | Page |
|---|
House and Senate Minutes/Recordings
- Bill : SB 107
| Meeting Date | Start Time | Title | Meeting Details | |
|---|---|---|---|---|
| 4/18/2015 | 9:00 AM | HOUSE LABOR & COMMERCE | Minutes | Audio/Video |
| 4/16/2015 | 1:30 PM | SENATE LABOR & COMMERCE | Minutes | Audio/Video |
| 4/11/2015 | 11:00 AM | SENATE LABOR & COMMERCE | Minutes | Audio/Video |
Documents for Bill SB 107 29th Legislature
Additional documents may be added - continue to check back.
| Jrn Date | Jrn Page | Text |
|---|---|---|
| 927 | (S) READ THE FIRST TIME - REFERRALS | |
| 927 | (S) L&C | |
| Text | (S) LABOR & COMMERCE at 11:00 AM BELTZ 105 (TSBldg) | |
| Text | (S) Heard & Held | |
| Min | (S) Minutes (SL&C) | |
| Text | (S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg) | |
| Text | (S) Scheduled but Not Heard | |
| Min | (S) Minutes (SL&C) | |
| Text | (S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg) | |
| Text | (S) Moved SB 107 Out of Committee | |
| Min | (S) Minutes (SL&C) | |
| 1063 | (S) L&C RPT 3DP 1NR | |
| 1063 | (S) DP: COSTELLO, GIESSEL, MEYER | |
| 1063 | (S) NR: STEVENS | |
| 1063 | (S) FN1: ZERO(CED) | |
| 1099 | (S) RULES TO CALENDAR 4/18/2015 | |
| 1099 | (S) READ THE SECOND TIME | |
| 1099 | (S) ADVANCED TO THIRD READING UC | |
| 1099 | (S) READ THE THIRD TIME SB 107 | |
| 1099 | (S) PASSED Y20 N- | |
| 1099 | (S) EFFECTIVE DATE(S) SAME AS PASSAGE | |
| 1103 | (S) COSTELLO NOTICE OF RECONSIDERATION | |
| 1103 | (S) RECON TAKEN UP SAME DAY UC | |
| 1103 | (S) PASSED ON RECONSIDERATION Y20 N- | |
| 1103 | (S) EFFECTIVE DATE(S) SAME AS PASSAGE | |
| 1121 | (S) TRANSMITTED TO (H) | |
| 1121 | (S) VERSION: SB 107 | |
| 1044 | (H) READ THE FIRST TIME - REFERRALS | |
| 1044 | (H) L&C | |
| 1046 | (H) L&C RPT 1DP 5NR | |
| 1046 | (H) DP: OLSON | |
| 1046 | (H) NR: LEDOUX, TILTON, HUGHES, KITO, JOSEPHSON | |
| 1047 | (H) FN1: ZERO(CED) | |
| Text | (H) LABOR & COMMERCE at 09:00 AM BARNES 124 | |
| Text | (H) Moved SB 107 Out of Committee -- Delayed to 1:15 p.m. Today -- | |
| Min | (H) Minutes (HL&C) | |
| 1076 | (H) RULES TO CALENDAR 4/19/2015 | |
| 1076 | (H) READ THE SECOND TIME | |
| 1077 | (H) ADVANCED TO THIRD READING UC | |
| 1077 | (H) READ THE THIRD TIME SB 107 | |
| 1077 | (H) PASSED Y38 E1 A1 | |
| 1078 | (H) EFFECTIVE DATE(S) SAME AS PASSAGE | |
| 1078 | (H) RETURN TO (S), TRANSMIT TO GOV NEXT | |
| 1078 | (H) VERSION: SB 107 | |
| 1330 | (S) 3:00 PM 5/28/15 TRANSMITTED TO GOVERNOR | |
| 1330 | (S) MANIFEST ERROR(S) | |
| 1437 | (S) SIGNED INTO LAW 6/10 CHAPTER 34 SLA 15 | |
| 1437 | (S) EFFECTIVE DATE(S) OF LAW 7/1/15 |