WA People
BILL · 1991–92 SESSION · LATEST VERSION EHB 2443

HB 2443: Domestic insurers' investmnt

Restricting the investments of domestic insurers.

Summary

  • Domestic insurer investment in medium and lower grade obligations as rated by the NAIC'S Securities Valuation office may not exceed 20 percent of the insurer's assets. Of this 20 percent limit, no more than 10 percent may be invested in lower grade obligations.

From the Senate Bill Report (HB 2443), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed House, stalled in Senate
  1. IntroducedJan 16, 1992
  2. Out of committee
  3. Passed HouseFeb 12, 1992
  4. Passed Senatestopped here
  5. Governor
  6. Law
Prime sponsor
Robin Johnson (D-40)
Introduced
January 16, 1992 in the House
Last action
March 12, 1992

Sponsors

Prime sponsor: Robin Johnson (D-40)

16 co-sponsors (13 Democrats, 3 Republicans)

Dennis Dellwo D-3George Paris R-44Jay Inslee D-14Arthur Broback R-28Randolph Dorn D-2Peter Kremen D-42Brian Ebersole D-29Michael Heavey D-34Harriet Spanel D-40R Wesley Pruitt D-26Bill Grant D-16Margaret Rayburn D-15Calvin Anderson D-43Shirley Winsley R-28Arthur Wang D-27Betty Morris D-18

Votes

House · Final Passage

February 12, 1992
Version voted on: EHB 2443
93 Yea 0 Nay 0 Absent 5 Excused
PartyYeaNayAbsentExcused
Democrat53005
Republican40000
How each member voted

Yea (93)

Permalink to this vote

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

HB 2443 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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