WA People
BILL · 2005–06 SESSION

SB 5195: Interstate insurance compact

Adopting the interstate insurance product regulation compact.

Summary

  • This bill replicates the NAIC Interstate Insurance Product Regulation Compact Model Act and makes Washington State a compact member. Compact member states pool their resources and expertise to quickly make regulatory decisions on life insurance products.

From the Senate Bill Report (SB 5195), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · stalled on the Senate floor
  1. IntroducedJan 17, 2005
  2. Out of committeeJan 21, 2005
  3. Passed Senatestopped here
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Darlene Fairley (D-32)
Introduced
January 17, 2005 in the Senate
Last action
January 9, 2006
Requested by
Other
Companion bill
HB 1032
Budget
Has a fiscal note

AN ACT Relating to adopting the interstate insurance product regulation compact;

Sponsors

Prime sponsor: Darlene Fairley (D-32)

4 co-sponsors (2 Democrats, 2 Republicans)

Don Benton R-17Karen Keiser D-33Brad Benson R-6Jean Berkey D-38

Votes

No recorded floor votes.

History

  1. By resolution, reintroduced and retained in present status.
  2. Senate Rules "X" file.
  3. Made eligible to be placed on second reading.
  4. Passed to Rules Committee for second reading.
  5. FHC - Majority; do pass.
  6. First reading, referred to Financial Institutions, Housing & Consumer Protection.

SB 5195 in other sessions

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

Report wrong or missing information on this page