2005-05-10                     House Journal                      Page 1926
HB 147                                                                                            
A message dated May 10, 2005, was read stating the Senate has passed                                
CSHB 147(FIN) am with the following amendment and it is                                             
transmitted for consideration:                                                                      
                                                                                                    
     SENATE CS FOR CS FOR HOUSE BILL NO. 147(FIN)                                                   
     "An Act relating to notice of suspension or revocation of an                                   
     insurer's certificate of authority and the effect of the suspension or                         
     revocation upon the authority of agents and managing general                                   
     agents of the insurer; relating to certain deposits under AS 21;                               
     relating to the yielding of assets and securities held on deposit;                             
     relating to third-party administrators under AS 21; relating to                                
     insurance agents, managing general agents, reinsurance                                         
     intermediary managers, and insurance producers; requiring the                                  
     director of insurance to notify a licensee of a license renewal                                

2005-05-10                     House Journal                      Page 1927
     before the renewal date; defining the term 'appointment' as used in                            
     part of AS 21; relating to the eligibility to provide coverage by a                            
     nonadmitted insurer and alien insurer; relating to surplus lines                               
     insurance and brokers; relating to misrepresentations and false                                
     advertising concerning insurance; relating to health discount                                  
     plans; providing for limitations on owner controlled and                                       
     contractor controlled insurance programs and limiting the                                      
     coverage of those programs; prohibiting excessive, inadequate, or                              
     unfairly discriminatory rate charges for health insurance; defining                            
     the term 'plan administrator' as used in part of AS 21; defining the                           
     term 'transact' as used in AS 21; authorizing the director of                                  
     insurance to designate a person to receive annual reports from                                 
     companies; reducing the period for filing a quarterly financial                                
     statement; and providing for an effective date."                                               
                                                                                                    
CSHB 147(FIN) am is under Unfinished Business.