Legislature(1995 - 1996)
04/05/1995 01:58 PM Senate JUD
| Audio | Topic |
|---|
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
4/5/95
SB 53 OMNIBUS INSURANCE REFORM
The committee took up CSSB 53(L&C). SENATOR TAYLOR announced the
proposed committee substitute deletes the credit/life provisions
due to testimony taken at the last meeting. The department wishes
can submit another bill if it wishes to pursue those provisions.
SENATOR ADAMS asked if the proposed committee substitute includes
the three amendments. SENATOR TAYLOR noted it does not.
SENATOR ADAMS moved to adopt the work draft labeled 9-LSO467\G,
dated 3/30/95, as the committee substitute. SENATOR ELLIS objected
for purposes of discussion. He asked if the Division of Insurance
acquiesced to the elimination of the credit/life provisions of CSSB
53(L&C).
SENATOR TAYLOR relinquished the chair to Senator Miller in order to
testify before another committee.
Number 390
MARIANNE BURKE, Director of the Division of Insurance, stated the
Division received written comments on Sections 80-94 from the three
individuals who testified on the bill via teleconference. The
Division's intent is to resubmit those sections as a separate bill,
incorporating the comments made where appropriate. The Division
did agree to the deletion of those sections from CSSB 53(L&C) in
order for the bill to move forward.
Number 404
SENATOR ELLIS commented a new bill containing Sections 80-94 would
have to be submitted by the Governor, and will never see the light
of day. He noted the comments were made by three insurance
companies from elsewhere, and he believed the wise course would
have been to try to work with those comments and amend the bill to
retain those sections in the bill in a more agreeable form.
SENATOR MILLER asked if Sections 80-94 were in last year's bill.
MS. BURKE replied affirmatively.
SENATOR ELLIS maintained his objection to the adoption of CSSB
53(JUD). A roll call vote was taken with the following result:
Senators Green and Miller voted "Yea," and Senators Adams and Ellis
voted "Nay," therefore the motion failed.
SENATOR TAYLOR returned. SENATOR GREEN moved to adopt CSSB
53(JUD). SENATOR ELLIS objected. A roll call vote was taken with
the following result: Senators Miller, Green and Taylor voted
"Yea," and Senators Ellis and Adams voted "Nay." The motion
passed.
SENATOR MILLER moved the adoption of Amendment #1 by Ford (dated
4/4/95). SENATOR ELLIS objected. SENATOR ADAMS asked the
Division's position on the amendments.
Number 440
SENATOR TAYLOR noted Amendment #1 makes the title more specific.
MS. BURKE agreed with Senator Taylor's assessment.
SENATOR ELLIS removed his objection. There being no further
objection, Amendment #1 was adopted.
SENATOR GREEN moved to adopt Amendment #2 (Ford, 3/27/95). MS.
BURKE explained the amendment makes the term "public accountant"
more global. SENATOR TAYLOR noted the references to lines in
Amendment #2 are inconsistent with the new committee substitute,
therefore without objection, the motion was amended to synchronize
the pages and line numbers to CSSB 53(JUD). There being no
objection to the adoption of Amendment #2, the motion passed.
Number 470
SENATOR MILLER moved CSSB 53(JUD) out of committee with individual
recommendations. SENATOR ELLIS objected. A roll call vote was
taken with the following result: Senators Taylor, Green, and
Miller voted "Yea," and Senators Adams and Ellis voted "Nay." The
motion passed.
| Document Name | Date/Time | Subjects |
|---|