WA People
BILL · 2003–04 SESSION · LATEST VERSION SHB 2457

HB 2457: Title insurance companies

Allowing title insurance companies to provide a guarantee covering its agents.

Summary

  • Authorizes title insurance companies to provide a guarantee, approved by the Insurance Commissioner, in lieu of a fidelity bond or fidelity insurance, accepting financial responsibility for up to $200,000 for fraudulent or dishonest acts committed by its employees.

From the Substitute House Bill Report (SHB 2457), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed House, stalled in Senate
  1. IntroducedJan 14, 2004
  2. Out of committeeFeb 6, 2004
  3. Passed HouseFeb 12, 2004
  4. Passed Senatestopped here
  5. Governor
  6. Law
Prime sponsor
Brian Hatfield (D-19)
Introduced
January 14, 2004 in the House
Last action
March 11, 2004
Budget
Has a fiscal note
Versions
HB 2457, SHB 2457

AN ACT Relating to allowing title insurance companies to provide a guarantee covering its agents;

Sponsors

Prime sponsor: Brian Hatfield (D-19)

1 co-sponsor (0 Democrats, 1 Republican)

Jim Buck R-24

Votes

House · Final Passage

Passed February 12, 2004
Version voted on: SHB 2457
96 Yea 0 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat51001
Republican45001
How each member voted

Yea (96)

Excused (2)

Permalink to this vote

History

  1. By resolution, returned to House Rules Committee for third reading. (SHB 2457)
  2. Referred to Rules. (SHB 2457)
  3. Placed on second reading by Rules Committee. (SHB 2457)
  4. Passed to Rules Committee for second reading. (SHB 2457)
  5. FSIH - Majority; do pass. (SHB 2457)
  6. First reading, referred to Financial Services, Insurance & Housing. (SHB 2457)
  7. Third reading, passed; yeas, 96; nays, 0; absent, 0; excused, 2. (SHB 2457)
  8. Rules suspended. Placed on Third Reading. (SHB 2457)
  9. 1st substitute bill substituted. (SHB 2457)
  10. 1st substitute bill substituted.
  11. Placed on second reading by Rules Committee. (SHB 2457)
  12. Placed on second reading by Rules Committee.
  13. Passed to Rules Committee for second reading. (SHB 2457)
  14. Passed to Rules Committee for second reading.
  15. FII - Majority; 1st substitute bill be substituted, do pass. (SHB 2457)
  16. FII - Executive action taken by committee.
  17. FII - Majority; 1st substitute bill be substituted, do pass.
  18. First reading, referred to Financial Institutions & Insurance.

HB 2457 in other sessions

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

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