2004-05-10                     House Journal                      Page 4159
Nays:  Crawford, Gara, Guttenberg, Hawker, Lynn, Meyer, Seaton,                                     
Stoltze, Wolf                                                                                       
                                                                                                    
Absent:  Berkowitz, Croft, Fate, Harris, Samuels, Williams                                          
                                                                                                    
And so, CSSB 329(RES) am H passed the House.                                                        
                                                                                                    
Representative Stoltze gave notice of reconsideration of the vote on                                
CSSB 329(RES) am H and the reconsideration was taken up later.                                      
                                                                                                    
                                                                                                    
SB 357                                                                                            
The following, which was advanced to third reading from the May 9,                                  
2004, calendar (page 4072), was read the third time:                                                
                                                                                                    
    HOUSE CS FOR CS FOR SENATE BILL NO. 357(FIN)                                                    
    "An Act relating to the regulation of insurance, insurance licenses,                            
    qualifications of insurance producers, surplus lines, fraud                                     
    investigations, electronic transactions, and compliance with                                    
    federal law and national standards; and providing for an effective                              
    date."                                                                                          
                                                                                                    
Representative Gruenberg moved and asked unanimous consent that                                     
HCS CSSB 357(FIN) 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 Representatives Gruenberg and                                        
Rokeberg:                                                                                           
                                                                                                    
Page 30, following line 30:                                                                         
    Insert a new bill section to read:                                                              
   "* Sec. 56.  The uncodified law of the State of Alaska is amended by                           
adding a new section to read:                                                                       
 REVIEW OF THE STATE'S REGULATION OF INSURANCE.                                                     
The director of the division of insurance shall appoint seven members                               
to a task force to study alternative methods for regulating insurance                               
rates and forms and to develop proposals for changing the state's                                   
insurance regulatory system in order to achieve the goals of consumer                               
protection and fostering a highly competitive insurance market in the