Legislature(2019 - 2020)
2019-03-01 Senate Journal
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Full Journal pdf2019-03-01 Senate Journal Page 0430 Introduction and Reference of Senate Bills SB 71 SENATE BILL NO. 71 BY THE SENATE RULES COMMITTEE BY REQUEST OF THE LEGISLATIVE COUNCIL, entitled: "An Act making corrective amendments to the Alaska Statutes as recommended by the revisor of statutes." was read the first time and referred to the State Affairs and Judiciary Committees. SB 72 SENATE BILL NO. 72 BY THE SENATE RULES COMMITTEE BY REQUEST OF THE GOVERNOR, entitled: "An Act relating to insurance; relating to an insurer's corporate annual disclosure; relating to insurance company holding systems; and providing for an effective date." was read the first time and referred to the Labor and Commerce Committee. The following fiscal information was published today: Fiscal Note No. 1, zero, Department of Commerce, Community, and Economic Development Governor's transmittal letter dated February 28: Dear President Giessel: Under the authority of Article III, Section 18 of the Alaska Constitution, I am transmitting a bill relating to updates to the insurance code and adding new sections providing for a corporate governance annual disclosure. The changes to the insurance code, under this bill, conform to changes in model laws adopted by the National Association of Insurance Commissioners (NAIC) and will assist the state in maintaining its accredited status with the NAIC and improve uniformity nationwide in the regulation of insurance.