BILL · 1999–00 SESSION

HB 2848: Securities

Safeguarding securities.

Summary

  • $ Provisions are added to protect an insurance company's securities investments.
  • $ Securities brokers/dealers cannot hold insurance company securities more than 72 hours after a purchase, and the insurance company must receive confirmation of the purchase and transfer to the custodian.

From the House Bill Report (HB 2848), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 221, Laws of 2000
  1. IntroducedJan 21, 2000
  2. Out of committee
  3. Passed HouseFeb 14, 2000
  4. Passed SenateFeb 28, 2000
  5. Governor
  6. LawMar 30, 2000
Prime sponsor
Brian Hatfield (D-19)
Introduced
January 21, 2000 in the House
Last action
March 30, 2000
Session law
Chapter 221, Laws of 2000
Requested by
Other
Companion bill
SB 6760

Sponsors

Prime sponsor: Brian Hatfield (D-19)

2 co-sponsors (1 Democrat, 1 Republican)

Votes

House · Final Passage

February 14, 2000
Version voted on: HB 2848
94 Yea 1 Nay 0 Absent 3 Excused
PartyYeaNayAbsentExcused
Democrat46102
Republican48001
How each member voted

Yea (94)

Nay (1)

Senate · Final Passage

February 28, 2000
Version voted on: HB 2848
44 Yea 0 Nay 0 Absent 5 Excused
PartyYeaNayAbsentExcused
Democrat25002
Republican19003
How each member voted

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 2848 in other sessions

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

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