Insurance holding companies; supervision of internationally active insurance groups. (HB1759)
Introduced By
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Insurance holding companies; internationally active insurance groups. Authorizes a designated state to act as a group-wide supervisor for an internationally active insurance group (IAIG). An IAIG is an insurance holding company group that has premiums written in at least three countries, has at least 10 percent of premiums written in foreign countries, and has total assets greater than $50 billion or total premiums greater than $10 billion. The measure enacts provisions of the National Association of Insurance Commissioners' revisions to the Model Insurance Holding Company System Regulatory Act. Read the Bill »
Outcome
Bill Has Passed
History
| Date | Action |
|---|---|
| 12/21/2018 | Committee |
| 12/21/2018 | Prefiled and ordered printed; offered 01/09/19 19102997D |
| 12/21/2018 | Referred to Committee on Commerce and Labor |
| 01/09/2019 | Impact statement from SCC (HB1759) |
| 01/10/2019 | Reported from Commerce and Labor (21-Y 0-N) (see vote tally) |
| 01/14/2019 | Read first time |
| 01/15/2019 | Read second time and engrossed |
| 01/16/2019 | Read third time and passed House BLOCK VOTE (96-Y 0-N) |
| 01/16/2019 | VOTE: BLOCK VOTE PASSAGE (96-Y 0-N) (see vote tally) |
| 01/17/2019 | Constitutional reading dispensed |
| 01/17/2019 | Referred to Committee on Commerce and Labor |
| 02/11/2019 | Reported from Commerce and Labor (15-Y 0-N) (see vote tally) |
| 02/13/2019 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
| 02/14/2019 | Passed Senate |
| 02/14/2019 | Read third time |
| 02/14/2019 | Passed Senate (40-Y 0-N) (see vote tally) |
| 02/19/2019 | Enrolled |
| 02/19/2019 | Bill text as passed House and Senate (HB1759ER) |
| 02/19/2019 | Signed by Speaker |
| 02/20/2019 | Impact statement from SCC (HB1759ER) |
| 02/20/2019 | Signed by President |
| 02/21/2019 | Enrolled Bill communicated to Governor on March 21, 2019 |
| 02/21/2019 | G Governor's Action Deadline Midnight, March 25, 2019 |
| 02/21/2019 | Enrolled Bill communicated to Governor on February 21, 2019 |
| 02/21/2019 | G Governor's Action Deadline Midnight, March 26, 2019 |
| 03/21/2019 | G Approved by Governor-Chapter 692 (effective 7/1/19) |
| 03/21/2019 | G Acts of Assembly Chapter text (CHAP0692) |