Legislature(2003 - 2004)

2003-04-08 House Journal

Full Journal pdf

2003-04-08                     House Journal                      Page 0843
HB 184                                                                                            
Representative Gruenberg brought up reconsideration of the vote on                                  
CSSSHB 184(L&C) (page 822).                                                                         
                                                                                                    
The following was again before the House in third reading:                                          
                                                                                                    
     CS FOR SPONSOR SUBSTITUTE FOR HOUSE BILL NO.                                                   
     184(L&C)                                                                                       
     "An Act relating to individual deferred annuities; and providing                               
     for an effective date."                                                                        
                                                                                                    
Representative Gruenberg moved and asked unanimous consent that                                     
CSSSHB 184(L&C) be returned to second reading for the specific                                      
purpose of considering Amendment No. 1.  There being no objection,                                  
it was so ordered.                                                                                  
                                                                                                    
Amendment No. 1 was offered by Representative Gruenberg:                                            
                                                                                                    
Page 2, line 30, through page 3, line 7:                                                            
 Delete all material and insert:                                                                    
"* Sec. 2.  The uncodified law of the State of Alaska is amended by                               
adding a new section to read:                                                                       
         TRANSITION PERIOD FOR ANNUITY CONTRACTS;                                                   
APPLICABILITY OF ACT.  (a)  During the period that begins on the                                    
effective date of this Act and ends on the day before the date that is                              
two years after the effective date of this Act, an insurer may elect to                             

2003-04-08                     House Journal                      Page 0844
comply with this Act for an annuity contract entered into on or after                               
the effective date of this Act.                                                                     
         (b)  All annuity contracts entered into on or after the date that                          
is two years after the effective date of this Act are subject to this Act.                          
         (c)  This Act does not apply to an annuity contract entered                                
into before the effective date of this Act."                                                        
                                                                                                    
Representative Gruenberg moved and asked unanimous consent that                                     
Amendment No. 1 be adopted.                                                                         
                                                                                                    
Representative Rokeberg objected.                                                                   
                                                                                                    
Amendment to Amendment No. 1 was offered by Representative                                          
Rokeberg:                                                                                           
                                                                                                    
Under (c), following "date of this Act":                                                            
 Insert ", unless provided for by the provisions of that contract"                                  
                                                                                                    
Representative Rokeberg moved and asked unanimous consent that                                      
Amendment to Amendment No. 1 be adopted.                                                            
                                                                                                    
Representative Gara objected.                                                                       
                                                                                                    
The question being:  "Shall Amendment to Amendment No. 1 be                                         
adopted?"  The roll was taken with the following result:                                            
                                                                                                    
CSSSHB 184(L&C)--RECONSIDERATION                                                                    
Second Reading                                                                                      
Amendment to Amendment No. 1                                                                        
                                                                                                    
YEAS:  29   NAYS:  9   EXCUSED:  2   ABSENT:  0                                                   
                                                                                                    
Yeas:  Anderson, Chenault, Coghill, Crawford, Dahlstrom, Fate,                                      
Foster, Gatto, Gruenberg, Harris, Hawker, Heinze, Holm, Joule,                                      
Kapsner, Kott, Lynn, Masek, McGuire, Meyer, Morgan, Ogg,                                            
Rokeberg, Samuels, Seaton, Stoltze, Williams, Wilson, Wolf                                          
                                                                                                    
Nays:  Berkowitz, Cissna, Croft, Gara, Guttenberg, Kerttula, Kookesh,                               
Weyhrauch, Whitaker                                                                                 
                                                                                                    
Excused:  Kohring, Moses                                                                            
                                                                                                    
And so, Amendment to Amendment No. 1 was adopted.                                                   

2003-04-08                     House Journal                      Page 0845
There being no further objection, Amendment No. 1 as amended was                                    
adopted.                                                                                            
                                                                                                    
The question to be reconsidered:  "Shall CSSSHB 184(L&C) am  pass                                   
the House?"  The roll was taken with the following result:                                          
                                                                                                    
CSSSHB 184(L&C) am--RECONSIDERATION                                                                 
Third Reading                                                                                       
Final Passage                                                                                       
                                                                                                    
YEAS:  38   NAYS:  0   EXCUSED:  2   ABSENT:  0                                                   
                                                                                                    
Yeas:  Anderson, Berkowitz, Chenault, Cissna, Coghill, Crawford,                                    
Croft, Dahlstrom, Fate, Foster, Gara, Gatto, Gruenberg, Guttenberg,                                 
Harris, Hawker, Heinze, Holm, Joule, Kapsner, Kerttula, Kookesh,                                    
Kott, Lynn, Masek, McGuire, Meyer, Morgan, Ogg, Rokeberg,                                           
Samuels, Seaton, Stoltze, Weyhrauch, Whitaker, Williams, Wilson,                                    
Wolf                                                                                                
                                                                                                    
Excused:  Kohring, Moses                                                                            
                                                                                                    
And so, CSSSHB 184(L&C) am passed the House on reconsideration.                                     
                                                                                                    
                                                                                                    
Representative Coghill moved and asked unanimous consent that the                                   
roll call on the passage of the bill be considered the roll call on the                             
effective date clause.                                                                              
                                                                                                    
Representative Berkowitz objected.                                                                  
                                                                                                    
The question being:  "Shall the effective date clause be adopted?"  The                             
roll was taken with the following result:                                                           
                                                                                                    
CSSSHB 184(L&C) am--RECONSIDERATION                                                                 
Third Reading                                                                                       
Effective Date                                                                                      
                                                                                                    
YEAS:  27   NAYS:  10   EXCUSED:  2   ABSENT:  1                                                  
                                                                                                    
Yeas:  Anderson, Chenault, Coghill, Dahlstrom, Fate, Foster, Gatto,                                 
Gruenberg, Harris, Hawker, Heinze, Holm, Kott, Lynn, Masek,                                         
McGuire, Meyer, Morgan, Ogg, Rokeberg, Samuels, Seaton, Stoltze,                                    
Weyhrauch, Williams, Wilson, Wolf                                                                   
                                                                                                    

2003-04-08                     House Journal                      Page 0846
Nays:  Berkowitz, Cissna, Crawford, Croft, Guttenberg, Joule,                                       
Kapsner, Kerttula, Kookesh, Whitaker                                                                
                                                                                                    
Excused:  Kohring, Moses                                                                            
                                                                                                    
Absent:  Gara                                                                                       
                                                                                                    
And so, the effective date clause was adopted.                                                      
                                                                                                    
CSSSHB 184(L&C) am was referred to the Chief Clerk for                                              
engrossment.