Insurance; reciprocals. (SB1158)

Introduced By

Sen. Bryce Reeves (R-Spotsylvania)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Insurance; reciprocals. Removes the condition for obtaining a license to transact the business of insurance in the Commonwealth that a foreign reciprocal be actively writing, in the state in which it is organized, the class of insurance that the reciprocal proposes to write in Virginia. A similar condition for licensure of alien reciprocals is not affected. The measure also provides that a foreign or alien reciprocal is prohibited from transacting the business of insurance in Virginia until it obtains from the State Corporation Commission both a certificate of authority and a license to transact the business of insurance in the Commonwealth. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/09/2017Prefiled and ordered printed; offered 01/11/17 17100812D
01/09/2017Referred to Committee on Commerce and Labor
01/20/2017Impact statement from SCC (SB1158)
01/23/2017Reported from Commerce and Labor with amendments (15-Y 0-N) (see vote tally)
01/25/2017Constitutional reading dispensed (40-Y 0-N) (see vote tally)
01/26/2017Read second time
01/26/2017Reading of amendments waived
01/26/2017Committee amendments agreed to
01/26/2017Engrossed by Senate as amended SB1158E
01/26/2017Printed as engrossed 17100812D-E
01/27/2017Read third time and passed Senate (39-Y 0-N) (see vote tally)
01/31/2017Placed on Calendar
01/31/2017Read first time
01/31/2017Referred to Committee on Commerce and Labor
02/13/2017Impact statement from SCC (SB1158E)
02/14/2017Reported from Commerce and Labor (22-Y 0-N) (see vote tally)
02/16/2017Read second time
02/17/2017Read third time
02/17/2017Passed House BLOCK VOTE (99-Y 0-N)
02/17/2017VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally)
02/22/2017Enrolled
02/22/2017Bill text as passed Senate and House (SB1158ER)
02/22/2017Signed by President
02/22/2017Signed by Speaker
02/23/2017Enrolled Bill Communicated to Governor on 2/23/17
02/23/2017G Governor's Action Deadline Midnight, March 27, 2017
02/23/2017Impact statement from SCC (SB1158ER)
03/20/2017G Approved by Governor-Chapter 655 (effective 7/1/17)
03/20/2017G Acts of Assembly Chapter text (CHAP0655)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 44 seconds.

Transcript

This is a transcript of the video clips in which this bill is discussed.



Del. Bill Howell (R-Fredericksburg): OF THE COMMITTEE SUBSTITUTE. AS MANY AS FAVOR THAT MOTION SA. THE SUBSTITUTE IS AGREED TO. THE GEORGIA FROM VERO BEACH.

Del. Barry Knight (R-Virginia Beach): VIRGINIA BEACH.

[Unknown]: THIS ALLOWS DOG OWNERS THAT HAVE FOUR BREEDING DOGS OR LESS TO BE ABLE TO SELL TO PET STORES. I MOVE WE PASS THE BILL. SENATE BILL 898 TO DIRECT COMPLIANCE WITH REGULATION OF CERTAIN COMBINED SEWER OVERFLOWOUT FILLS POTOMAC WATERSHED. REPORTED WITH A SUBSTITUTE. I MOVE THE COMMITTEE

Del. Bill Howell (R-Fredericksburg): THE QUESTION IS ON ADOPTION SUBSTITUTE. OF THE COMMITTEE SUBSTITUTE.