04/18/1997 03:21 PM House L&C

 HB 218 - OMNIBUS INSURANCE REFORM                                             
                                                                               
 VICE CHAIRMAN COWDERY announced the next bill to come before the              
 committee would be HB 218 "An Act relating to regulation and                  
 examination of insurers and insurance agents; relating to kinds of            
 insurance; relating to payment of insurance taxes and to required             
 insurance reserves; relating to insurance policies; relating to               
 regulation of capital, surplus, and investments by insurers;                  
 relating to hospital and medical service corporations; and                    
 providing for an effective date."  He said the bill was held over             
 from April 4.  He explained the committee would adopt a proposed              
 committee substitute.  The bill then would be held so everybody               
 could have a chance to review it before it is heard again on April            
 23.                                                                           
                                                                               
 REPRESENTATIVE RYAN made a motion to adopt CSHB 218(L&C), Version             
 0-LS0850/B, dated 4/17/97.  Hearing no objection, it was so                   
 ordered.                                                                      
                                                                               
 VICE CHAIRMAN COWDERY announced CSHB 218(L&C), dated 4/17/97, would           
 be held until the following Wednesday.