BILL · 2003–04 SESSION · LATEST VERSION 2SHB 1230

HB 1230: Employer-owned insurance

Regulating insurable interests and employer-owned life and disability insurance.

Summary

  • Requires an employer to provide an employee with specific disclosures with respect to employer-owned insurance policies.
  • Requires that an employee to consent in writing, at the time the insurance contract is made, in order to be included in a corporate-owned life insurance policy.

From the Second Substitute House Bill Report (2SHB 1230), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed House, stalled in Senate
  1. IntroducedJan 21, 2003
  2. Out of committeeMar 4, 2003
  3. Passed HouseMar 12, 2003
  4. Passed Senatestopped here
  5. Governor
  6. Law
Prime sponsor
Geoff Simpson (D-47)
Introduced
January 21, 2003 in the House
Last action
March 11, 2004
Requested by
Other
Companion bill
SB 5393
Versions
HB 1230, 2SHB 1230, ESHB 1230

AN ACT Relating to insurable interests and employer-owned life and disability insurance;

Sponsors

Votes

House · Final Passage

Passed March 12, 2003
Version voted on: ESHB 1230
95 Yea 0 Nay 0 Absent 3 Excused
PartyYeaNayAbsentExcused
Democrat51001
Republican44002
How each member voted

Yea (95)

Excused (3)

House · Final Passage

Passed February 13, 2004
Version voted on: 2SHB 1230
96 Yea 0 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat51001
Republican45001
How each member voted

Yea (96)

Excused (2)

History

  1. Referred to Rules. (2SHB 1230)
  2. By resolution, returned to House Rules Committee for third reading. (2SHB 1230)
  3. Placed on second reading by Rules Committee. (2SHB 1230)
  4. Passed to Rules Committee for second reading. (2SHB 1230)
  5. FSIH - Majority; do pass. (2SHB 1230)
  6. First reading, referred to Financial Services, Insurance & Housing. (2SHB 1230)
  7. Rules suspended. Placed on Third Reading. (2SHB 1230)
  8. Third reading, passed; yeas, 96; nays, 0; absent, 0; excused, 2. (2SHB 1230)
  9. 2nd substitute bill substituted. (2SHB 1230)
  10. 2nd substitute bill substituted. (ESHB 1230)
  11. Placed on second reading by Rules Committee. (2SHB 1230)
  12. Placed on second reading by Rules Committee. (ESHB 1230)
  13. Passed to Rules Committee for second reading. (2SHB 1230)
  14. Passed to Rules Committee for second reading. (ESHB 1230)
  15. FII - Majority; 2nd substitute bill be substituted, do pass. (2SHB 1230)
  16. FII - Executive action taken by committee. (ESHB 1230)
  17. FII - Majority; 2nd substitute bill be substituted, do pass. (ESHB 1230)
  18. Referred to Financial Institutions & Insurance. (ESHB 1230)
  19. Rules Committee relieved of further consideration. (ESHB 1230)
  20. By resolution, reintroduced and retained in present status. (ESHB 1230)
  21. By resolution, reintroduced and retained in present status. (ESHB 1230)
  22. By resolution, reintroduced and retained in present status. (ESHB 1230)
  23. By resolution, returned to House Rules Committee for third reading. (ESHB 1230)
  24. First reading, referred to Financial Services, Insurance & Housing. (ESHB 1230)
  25. Third reading, passed; yeas, 95; nays, 0; absent, 0; excused, 3. (ESHB 1230)
  26. Rules suspended. Placed on Third Reading. (ESHB 1230)
  27. Floor amendment(s) adopted. (ESHB 1230)
  28. 1st substitute bill substituted. (ESHB 1230)
  29. 1st substitute bill substituted.
  30. Placed on second reading by Rules Committee. (ESHB 1230)
  31. Placed on second reading by Rules Committee.
  32. Made eligible to be placed on second reading. (ESHB 1230)
  33. Made eligible to be placed on second reading.
  34. Passed to Rules Committee for second reading. (ESHB 1230)
  35. Passed to Rules Committee for second reading.
  36. FII - Majority; 1st substitute bill be substituted, do pass. (ESHB 1230)
  37. FII - Majority; 1st substitute bill be substituted, do pass.
  38. FII - Executive action taken by committee.
  39. First reading, referred to Financial Institutions & Insurance.

HB 1230 in other sessions

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

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