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BILL · 2003–04 SESSION

HB 2817: Limited liability companies

Regulating insurance investments in limited liability companies formed to develop real property.

Summary

Authorizes insurers to participate in a limited liability company for the purpose of developing its real estate.
Limits the investment to 4 percent of the insurance company's assets.

From the House Bill Analysis (HB 2817), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 88, Laws of 2004

IntroducedJan 21, 2004
Out of committeeFeb 6, 2004
Passed HouseFeb 14, 2004
Passed SenateMar 4, 2004
GovernorMar 22, 2004
LawMar 22, 2004

Prime sponsor: Brian Hatfield (D-19)
Introduced: January 21, 2004 in the House
Last action: March 22, 2004
Session law: Chapter 88, Laws of 2004
Companion bill: SB 6579

AN ACT Relating to insurance investments in limited liability companies formed to develop real property;

Sponsors

Prime sponsor: Brian Hatfield (D-19)

1 co-sponsor (0 Democrats, 1 Republican)

Daniel Newhouse R-15

Votes

House · Final Passage

Passed February 14, 2004

Version voted on: HB 2817

95 Yea 0 Nay 0 Absent 3 Excused

Party	Yea	Nay	Absent	Excused
Democrat	51	0	0	1
Republican	44	0	0	2

How each member voted

Yea (95)

Excused (3)

Permalink to this vote

Senate · 3rd Reading & Final Passage

Passed March 4, 2004

Version voted on: HB 2817

43 Yea 1 Nay 0 Absent 5 Excused

Party	Yea	Nay	Absent	Excused
Democrat	21	1	0	2
Republican	22	0	0	3

How each member voted

Yea (43)

Nay (1)

Erik Poulsen D-34

Excused (5)

Permalink to this vote

History

Mar 22, 2004Governor signed.
Mar 22, 2004Effective date 6/10/2004.
Mar 22, 2004Chapter 88, 2004 Laws.
Mar 11, 2004Delivered to Governor.
Mar 10, 2004President signed.
Mar 9, 2004Speaker signed.
Mar 4, 2004Third reading, passed; yeas, 43; nays, 1; absent, 0; excused, 5.
Mar 4, 2004Rules suspended. Placed on Third Reading.
Mar 1, 2004Placed on second reading by Rules Committee.
Feb 25, 2004FSIH - Majority; do pass.
Feb 25, 2004Passed to Rules Committee for second reading.
Feb 17, 2004First reading, referred to Financial Services, Insurance & Housing.
Feb 14, 2004Third reading, passed; yeas, 95; nays, 0; absent, 0; excused, 3.
Feb 14, 2004Rules suspended. Placed on Third Reading.
Feb 12, 2004Placed on second reading by Rules Committee.
Feb 10, 2004Made eligible to be placed on second reading.
Feb 6, 2004Passed to Rules Committee for second reading.
Feb 4, 2004FII - Executive action taken by committee.
Feb 4, 2004FII - Majority; do pass.
Jan 21, 2004First reading, referred to Financial Institutions & Insurance.

HB 2817 in other sessions

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

HB 2817 (2019–20) Marijuana licenses · Did not pass · died in committee
HB 2817 (2017–18) Correctional officer OT · Did not pass · passed House, stalled in Senate
HB 2817 (2015–16) Corrections ombuds, creating · Did not pass · died in committee
HB 2817 (2011–12) Student achievement program · Did not pass · stalled on the House floor
HB 2817 (2009–10) Sex offender notification · Did not pass · passed House, stalled in Senate
HB 2817 (2007–08) Meth contamination · Enacted · Chapter 201, Laws of 2008
HB 2817 (2005–06) Higher edu/technology · Enacted · Chapter 180, Laws of 2006
HB 2817 (2001–02) Gambling activities/zoning · Did not pass · passed House, stalled in Senate

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