BILL · 2009–10 SESSION

HB 2419: Foreign and alien insurers

Modifying the exemption to the three-year active transacting requirement for foreign or alien insurer applicants.

Summary

  • Allows certain applicants for a certificate of authority to be an insurer to provide a monetary deposit with the Insurance Commissioner instead of having a three-year history of selling the class or classes of insurance.

From the House Bill Report (HB 2419), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted Enacted · Chapter 93, Laws of 2010
  1. IntroducedJan 11, 2010
  2. Out of committeeJan 25, 2010
  3. Passed HouseJan 28, 2010
  4. Passed SenateMar 3, 2010
  5. GovernorMar 17, 2010
  6. LawMar 17, 2010
Prime sponsor
Barbara Bailey (R-10)
Introduced
January 11, 2010 in the House
Last action
March 17, 2010
Session law
Chapter 93, Laws of 2010
Companion bill
SB 6198

AN ACT Relating to the exemption to the three-year active transacting requirement for foreign or alien insurer applicants;

Sponsors

Prime sponsor: Barbara Bailey (R-10)

2 co-sponsors (2 Democrats, 0 Republicans)

Votes

House · Final Passage

Passed January 28, 2010
Version voted on: HB 2419
97 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat60001
Republican37000
How each member voted

Yea (97)

Excused (1)

Senate · 3rd Reading & Final Passage

Passed March 3, 2010
Version voted on: HB 2419
45 Yea 0 Nay 0 Absent 4 Excused
PartyYeaNayAbsentExcused
Democrat29002
Republican16002
How each member voted

History

  1. Effective date 6/10/2010.
  2. Chapter 93, 2010 Laws.
  3. Governor signed.
  4. Delivered to Governor.
  5. President signed.
  6. Speaker signed.
  7. Third reading, passed; yeas, 45; nays, 0; absent, 0; excused, 4.
  8. Rules suspended. Placed on Third Reading.
  9. Placed on second reading by Rules Committee.
  10. Passed to Rules Committee for second reading.
  11. FIHI - Majority; do pass.
  12. First reading, referred to Financial Institutions, Housing & Insurance.
  13. Third reading, passed; yeas, 97; nays, 0; absent, 0; excused, 1.
  14. Placed on third reading.
  15. Committee recommendations adopted.
  16. Placed on second reading suspension calendar by Rules Committee.
  17. Passed to Rules Committee for second reading.
  18. FII - Majority; do pass.
  19. FII - Executive action taken by committee.
  20. First reading, referred to Financial Institutions & Insurance.
  21. Prefiled for introduction.

HB 2419 in other sessions

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

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