04/20/2006 01:30 PM Senate LABOR & COMMERCE

     CSHB 439(L&C) am -INSURANCE PRODUCT REGULATION COMPACT                                                                 
                                                                                                                                
CHAIR  CON  BUNDE  announced  CSHB  439(L&C)  AM  to  be  up  for                                                               
consideration.                                                                                                                  
                                                                                                                                
RYNNIEVA MOSS,  staff to  Representative John  Coghill, explained                                                               
that industry requested this legislation  so that it could save a                                                               
little  money on  these  insurance policies  by  conforming on  a                                                               
national   level.  She   stressed   that  one   of  the   reasons                                                               
Representative  Coghill  got  involved in  this  legislation  was                                                               
because there was  grumbling with Washington, D.C.  that the feds                                                               
would like to  get into the action  and this is one  way to avoid                                                               
that.                                                                                                                           
                                                                                                                                
CHAIR BUNDE  asked Linda Hall,  Director, Division  of Insurance,                                                               
if she wanted to make additional comments. She indicated no.                                                                    
                                                                                                                                
1:32:40 PM                                                                                                                    
SENATOR SEEKINS  moved to  pass CSHB  439(L&C) AM  from committee                                                               
with  individual  recommendations   and  attached  fiscal  notes.                                                               
Senators Davis, Seekins,  Ben Stevens and Chair  Bunde voted yea;                                                               
and so CSHB 439(L&C) AM moved from committee.