Legislature(2011 - 2012)

2011-04-07 House Journal

Full Journal pdf

2011-04-07                     House Journal                      Page 0802
HB 164                                                                                                                        
The Finance Committee considered:                                                                                               
                                                                                                                                
     HOUSE BILL NO. 164                                                                                                         
     "An Act relating to insurance; relating to health care insurance,                                                          
     exemption of certain insurers, reporting, notice, and record-                                                              
     keeping requirements for insurers, biographical affidavits,                                                                
     qualifications of alien insurers assuming ceded insurance, risk-                                                           
     based capital for insurers, insurance holding companies, licensing,                                                        
     federal requirements for nonadmitted insurers, surplus lines                                                               
     insurance, insurance fraud, life insurance policies and annuity                                                            
     contracts, rate filings by health care insurers, long-term care                                                            
     insurance, automobile service corporations, guaranty fund                                                                  

2011-04-07                     House Journal                      Page 0803
     deposits of a title insurer, joint title plants, delinquency                                                               
     proceedings, fraternal benefit societies, multiple employer welfare                                                        
     arrangements, hospital and medical service corporations, and                                                               
     health maintenance organizations; and providing for an effective                                                           
     date."                                                                                                                     
                                                                                                                                
and recommends it be replaced with:                                                                                             
                                                                                                                                
     CS FOR HOUSE BILL NO. 164(FIN)                                                                                             
     "An Act relating to health care insurance, exemption of certain                                                            
     insurers, reporting, notice, and record-keeping requirements for                                                           
     insurers, biographical affidavits, qualifications of alien insurers                                                        
     assuming ceded insurance, risk-based capital for insurers,                                                                 
     insurance holding companies, licensing, federal requirements for                                                           
     nonadmitted insurers, surplus lines insurance, insurance fraud, life                                                       
     insurance policies and annuity contracts, rate filings by health care                                                      
     insurers, long-term care insurance, automobile service                                                                     
     corporations, guaranty fund deposits of a title insurer, joint title                                                       
     plants, fraternal benefit societies, multiple employer welfare                                                             
     arrangements, hospital and medical service corporations, health                                                            
     maintenance organizations, and alternate forms of payment to                                                               
     policyholders; and providing for an effective date."                                                                       
                                                                                                                                
The report was signed by Representative Stoltze, Co-chair, with the                                                             
following individual recommendations:                                                                                           
                                                                                                                                
Do pass (3):  Gara, Hawker, Doogan                                                                                              
                                                                                                                                
No recommendation (6):  Guttenberg, T. Wilson, Joule, Costello,                                                                 
Edgmon, Stoltze                                                                                                                 
                                                                                                                                
Amend (1):  Fairclough                                                                                                          
                                                                                                                                
The following fiscal note(s) apply to CSHB 164(FIN):                                                                            
                                                                                                                                
1.  Zero, Dept. of Commerce, Community, & Economic Development                                                                  
                                                                                                                                
HB 164 was referred to the Rules Committee for placement on the                                                                 
calendar.