WA People
BILL · 2011–12 SESSION · LATEST VERSION SHB 1257

HB 1257: Investments of insurers act

Adopting the investments of insurers model act.

Summary

  • Repeals the existing provisions for the regulation of insurer investments.
  • Creates a new regulatory framework to regulate insurer investments.

From the Substitute House Bill Report (SHB 1257), written by the Legislature's nonpartisan staff. Read the full report ↗

Enacted (partial veto) Enacted with partial veto · Chapter 188, Laws of 2011
  1. IntroducedJan 18, 2011
  2. Out of committeeJan 28, 2011
  3. Passed HouseMar 5, 2011
  4. Passed SenateApr 11, 2011
  5. Partly vetoedApr 29, 2011
  6. LawApr 29, 2011
Prime sponsor
Derek Stanford (D-1)
Introduced
January 18, 2011 in the House
Last action
April 29, 2011
Session law
Chapter 188, Laws of 2011
Requested by
Other
Companion bill
SB 5121
Budget
Has a fiscal note
Versions
HB 1257, SHB 1257

AN ACT Relating to adopting the investments of insurers model act;

Sponsors

Prime sponsor: Derek Stanford (D-1)

2 co-sponsors (2 Democrats, 0 Republicans)

Steve Kirby D-29Troy Kelley D-28

Votes

House · Final Passage

Passed March 5, 2011
Version voted on: SHB 1257
98 Yea 0 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat56000
Republican42000
How each member voted

Yea (98)

Permalink to this vote

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

Passed April 11, 2011
Version voted on: SHB 1257
47 Yea 0 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat26001
Republican21001
How each member voted

Yea (47)

Excused (2)

Permalink to this vote

House · Final Passage as Amended by the Senate

Passed April 14, 2011
Version voted on: SHB 1257
97 Yea 0 Nay 0 Absent 1 Excused
PartyYeaNayAbsentExcused
Democrat55001
Republican42000
How each member voted

Yea (97)

Excused (1)

Permalink to this vote

History

  1. Effective date 7/1/2012. (SHB 1257)
  2. Chapter 188, 2011 Laws PV. (SHB 1257)
  3. Governor partially vetoed. (SHB 1257)
  4. Delivered to Governor. (SHB 1257)
  5. President signed. (SHB 1257)
  6. Speaker signed. (SHB 1257)
  7. Passed final passage; yeas, 97; nays, 0; absent, 0; excused, 1. (SHB 1257)
  8. House concurred in Senate amendments. (SHB 1257)
  9. Third reading, passed; yeas, 47; nays, 0; absent, 0; excused, 2. (SHB 1257)
  10. Rules suspended. Placed on Third Reading. (SHB 1257)
  11. Floor amendment(s) adopted. (SHB 1257)
  12. Committee amendment not adopted. (SHB 1257)
  13. Placed on second reading by Rules Committee. (SHB 1257)
  14. Made eligible to be placed on second reading. (SHB 1257)
  15. FIHI - Majority; do pass with amendment(s). (SHB 1257)
  16. Passed to Rules Committee for second reading. (SHB 1257)
  17. First reading, referred to Financial Institutions, Housing & Insurance. (SHB 1257)
  18. Third reading, passed; yeas, 98; nays, 0; absent, 0; excused, 0. (SHB 1257)
  19. Rules suspended. Placed on Third Reading. (SHB 1257)
  20. 1st substitute bill substituted. (SHB 1257)
  21. 1st substitute bill substituted.
  22. Rules Committee relieved of further consideration. Placed on second reading. (SHB 1257)
  23. Rules Committee relieved of further consideration. Placed on second reading.
  24. Passed to Rules Committee for second reading. (SHB 1257)
  25. Passed to Rules Committee for second reading.
  26. BFS - Majority; 1st substitute bill be substituted, do pass. (SHB 1257)
  27. BFS - Majority; 1st substitute bill be substituted, do pass.
  28. BFS - Executive action taken by committee.
  29. First reading, referred to Business & Financial Services.

HB 1257 in other sessions

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

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