WA People
BILL · 2003–04 SESSION

HB 2727: Credit based rating plans

Requiring all insurers to file credit based rating plans.

Summary

  • Each insurer, including insurers with two or more affiliates, that uses credit history or credit scores to determine insurance rates or eligibility for coverage must file rates with the Insurance Commissioner.

From the House Bill Analysis (HB 2727), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 86, Laws of 2004
  1. IntroducedJan 20, 2004
  2. Out of committeeFeb 6, 2004
  3. Passed HouseFeb 12, 2004
  4. Passed SenateMar 4, 2004
  5. GovernorMar 22, 2004
  6. LawMar 22, 2004
Prime sponsor
David Simpson (D-38)
Introduced
January 20, 2004 in the House
Last action
March 22, 2004
Session law
Chapter 86, Laws of 2004
Requested by
Other
Companion bill
SB 6381
Budget
Has a fiscal note

AN ACT Relating to requiring all insurers to file credit based rating plans;

Sponsors

Prime sponsor: David Simpson (D-38)

2 co-sponsors (1 Democrat, 1 Republican)

Brad Benson R-6Shay Schual-Berke D-33

Votes

House · Final Passage

Passed February 12, 2004
Version voted on: HB 2727
94 Yea 0 Nay 0 Absent 4 Excused
PartyYeaNayAbsentExcused
Democrat50002
Republican44002
How each member voted

Yea (94)

Permalink to this vote

Senate · 3rd Reading & Final Passage as Amended by the Senate

Passed March 4, 2004
Version voted on: HB 2727
44 Yea 0 Nay 0 Absent 5 Excused
PartyYeaNayAbsentExcused
Democrat22002
Republican22003
How each member voted
Permalink to this vote

House · FP as Amd by the Senate

Passed March 9, 2004
Version voted on: HB 2727
94 Yea 0 Nay 0 Absent 4 Excused
PartyYeaNayAbsentExcused
Democrat49003
Republican45001
How each member voted

Yea (94)

Permalink to this vote

History

  1. Governor signed.
  2. Effective date 6/10/2004.
  3. Chapter 86, 2004 Laws.
  4. Delivered to Governor.
  5. President signed.
  6. Speaker signed.
  7. Passed final passage; yeas, 94; nays, 0; absent, 0; excused, 4.
  8. House concurred in Senate amendments.
  9. Third reading, passed; yeas, 44; nays, 0; absent, 0; excused, 5.
  10. Rules suspended. Placed on Third Reading.
  11. Committee amendment adopted with no other amendments.
  12. Placed on second reading by Rules Committee.
  13. Passed to Rules Committee for second reading.
  14. FSIH - Majority; do pass with amendment(s).
  15. First reading, referred to Financial Services, Insurance & Housing.
  16. Third reading, passed; yeas, 94; nays, 0; absent, 0; excused, 4.
  17. Rules suspended. Placed on Third Reading.
  18. Placed on second reading by Rules Committee.
  19. Passed to Rules Committee for second reading.
  20. FII - Executive action taken by committee.
  21. FII - Majority; do pass.
  22. First reading, referred to Financial Institutions & Insurance.

HB 2727 in other sessions

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

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