BILL · 1997–98 SESSION · LATEST VERSION SHB 2097

HB 2097: Insurance co. investments

Regulating the investment practices of insurance companies.

Summary

  • An insurance company may engage in derivative transactions if the insurance company complies with specific conditions. The primary purpose of derivatives used by insurance companies must be to hedge risk.

From the Substitute Senate Bill Report (SHB 2097), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 317, Laws of 1997
  1. IntroducedFeb 20, 1997
  2. Out of committee
  3. Passed HouseMar 15, 1997
  4. Passed SenateApr 18, 1997
  5. Governor
  6. LawMay 12, 1997
Prime sponsor
Les Thomas (R-31)
Introduced
February 20, 1997 in the House
Last action
May 12, 1997
Session law
Chapter 317, Laws of 1997
Budget
Has a fiscal note
Versions
HB 2097, SHB 2097

Sponsors

Prime sponsor: Les Thomas (R-31)

Votes

House · Final Passage

March 15, 1997
Version voted on: SHB 2097
81 Yea 15 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat261501
Republican55001
How each member voted

Yea (81)

Excused (2)

Senate · Final Passage

April 18, 1997
Version voted on: SHB 2097
45 Yea 0 Nay 1 Absent 3 Excused
PartyYeaNayAbsentExcused
Democrat21002
Republican24011
How each member voted

Senate · Final Passage

April 25, 1997
Version voted on: SHB 2097
44 Yea 0 Nay 0 Absent 5 Excused
PartyYeaNayAbsentExcused
Democrat21002
Republican23003
How each member voted

House · Final Passage

April 26, 1997
Version voted on: SHB 2097
79 Yea 9 Nay 1 Absent 9 Excused
PartyYeaNayAbsentExcused
Democrat27906
Republican52013
How each member voted

Yea (79)

Absent (1)

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 2097 in other sessions

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

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