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.