BILL · 2013–14 SESSION · LATEST VERSION SHB 1033

HB 1033: Insurer transactions

Regulating the settling of certain insurer transactions.

Summary

  • Adds a series of definitions, including "qualified financial contract" and "netting agreement."
  • Establishes a framework for resolving netting agreements where one party to the agreement is an insolvent insurer.

From the House Bill Report (HB 1033), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 14, 2013
  2. Out of committeeJan 25, 2013
  3. Passed Housestopped here
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Derek Stanford (D-1)
Introduced
January 14, 2013 in the House
Last action
January 13, 2014
Companion bill
SB 5007
Budget
Has a fiscal note
Versions
HB 1033, SHB 1033

AN ACT Relating to the settling of certain insurer transactions;

Sponsors

Prime sponsor: Derek Stanford (D-1)

1 co-sponsor (0 Democrats, 1 Republican)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. By resolution, reintroduced and retained in present status. (SHB 1033)
  2. Referred to Business & Financial Services. (SHB 1033)
  3. Rules Committee relieved of further consideration. (SHB 1033)
  4. Rules Committee relieved of further consideration.
  5. Referred to Business & Financial Services.
  6. By resolution, reintroduced and retained in present status.
  7. By resolution, reintroduced and retained in present status. (SHB 1033)
  8. By resolution, reintroduced and retained in present status.
  9. By resolution, reintroduced and retained in present status. (SHB 1033)
  10. By resolution, reintroduced and retained in present status.
  11. Passed to Rules Committee for second reading. (SHB 1033)
  12. Passed to Rules Committee for second reading.
  13. BFS - Majority; 1st substitute bill be substituted, do pass. (SHB 1033)
  14. BFS - Executive action taken by committee.
  15. BFS - Majority; 1st substitute bill be substituted, do pass.
  16. First reading, referred to Business & Financial Services.
  17. Prefiled for introduction.

HB 1033 in other sessions

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

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