2004-05-10                     House Journal                      Page 4159
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                               

2004-05-10                     House Journal                      Page 4160
state.  The members appointed to the task force shall be representative                             
of a cross-section of consumers and the insurance industry.  The task                               
force shall prepare a report containing recommendations for                                         
improvement to the state's insurance regulatory system and submit the                               
report to the legislature before January 15, 2005."                                                 
                                                                                                    
Renumber the following bill sections accordingly.                                                   
                                                                                                    
Page 31, line 13:                                                                                   
    Delete "Section 56"                                                                             
    Insert "Section 57"                                                                             
                                                                                                    
Page 31, line 14:                                                                                   
    Delete "secs. 58 and 59"                                                                        
    Insert "secs. 59 and 60"                                                                        
                                                                                                    
Representative Gruenberg moved and asked unanimous consent that                                     
Amendment No. 1 be adopted.                                                                         
                                                                                                    
Objection was heard and withdrawn.  There being no further objection,                               
Amendment No. 1 was adopted.                                                                        
                                                                                                    
The question being:  "Shall HCS CSSB 357(FIN) am H pass the                                         
House?"  The roll was taken with the following result:                                              
                                                                                                    
HCS CSSB 357(FIN) am H                                                                              
Third Reading                                                                                       
Final Passage                                                                                       
                                                                                                    
YEAS:  32   NAYS:  0   EXCUSED:  0   ABSENT:  8                                                   
                                                                                                    
Yeas:  Anderson, Berkowitz, Chenault, Coghill, Crawford, Dahlstrom,                                 
Foster, Gara, Gatto, Gruenberg, Guttenberg, Heinze, Holm, Joule,                                    
Kapsner, Kerttula, Kohring, Kookesh, Kott, Lynn, Masek, McGuire,                                    
Meyer, Morgan, Moses, Ogg, Rokeberg, Seaton, Stepovich, Stoltze,                                    
Wilson, Wolf                                                                                        
                                                                                                    
Absent:  Cissna, Croft, Fate, Harris, Hawker, Samuels, Weyhrauch,                                   
Williams                                                                                            
                                                                                                    
And so, HCS CSSB 357(FIN) am H passed the House.                                                    
                                                                                                    

2004-05-10                     House Journal                      Page 4161
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.  There being no objection, it was so ordered.                                
                                                                                                    
Representative Coghill moved and asked unanimous consent that the                                   
House adopt the House Finance Committee letter of intent (page                                      
4049).  There being no objection, it was so ordered.                                                
                                                                                                    
Representative Crawford gave notice of reconsideration of the vote on                               
HCS CSSB 357(FIN) am H.