WA People
BILL · 2013–14 SESSION · LATEST VERSION SHB 2461

HB 2461: Insurance company solvency

Addressing the financial solvency of insurance companies.

Summary

  • Amends the statutory framework that governs insurance holding companies.
  • Creates the Risk Management and Solvency Assessment Act.
  • Repeals the provisions under RCW 48.31C.

From the Substitute House Bill Report (SHB 2461), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed House, stalled in Senate
  1. IntroducedJan 17, 2014
  2. Out of committeeFeb 11, 2014
  3. Passed HouseFeb 17, 2014
  4. Passed SenateMar 7, 2014
  5. Governorstopped here
  6. Law
Prime sponsor
Steve Kirby (D-29)
Introduced
January 17, 2014 in the House
Last action
March 14, 2014
Requested by
Other
Companion bill
SB 6391
Budget
Has a fiscal note
Versions
HB 2461, SHB 2461

AN ACT Relating to the financial solvency of insurance companies;

Sponsors

Prime sponsor: Steve Kirby (D-29)

1 co-sponsor (1 Democrat, 0 Republicans)

Cindy Ryu D-32

Votes

House · Final Passage

Passed February 17, 2014
Version voted on: SHB 2461
82 Yea 14 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat53101
Republican291301
How each member voted

Yea (82)

Excused (2)

Permalink to this vote

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

Passed March 7, 2014
Version voted on: SHB 2461
39 Yea 10 Nay 0 Absent 0 Excused
PartyYeaNayAbsentExcused
Democrat151000
Republican24000
How each member voted
Permalink to this vote

History

  1. By resolution, returned to House Rules Committee for third reading. (SHB 2461)
  2. Third reading, passed; yeas, 39; nays, 10; absent, 0; excused, 0. (SHB 2461)
  3. Rules suspended. Placed on Third Reading. (SHB 2461)
  4. Floor amendment(s) adopted. (SHB 2461)
  5. Committee amendment not adopted. (SHB 2461)
  6. Placed on second reading by Rules Committee. (SHB 2461)
  7. Passed to Rules Committee for second reading. (SHB 2461)
  8. Minority; do not pass. (SHB 2461)
  9. FIHI - Majority; do pass with amendment(s). (SHB 2461)
  10. First reading, referred to Financial Institutions, Housing & Insurance. (SHB 2461)
  11. Third reading, passed; yeas, 82; nays, 14; absent, 0; excused, 2. (SHB 2461)
  12. Rules suspended. Placed on Third Reading. (SHB 2461)
  13. 1st substitute bill substituted. (SHB 2461)
  14. 1st substitute bill substituted.
  15. Rules Committee relieved of further consideration. Placed on second reading. (SHB 2461)
  16. Rules Committee relieved of further consideration. Placed on second reading.
  17. Passed to Rules Committee for second reading. (SHB 2461)
  18. Passed to Rules Committee for second reading.
  19. APPG - Executive action taken by committee. (SHB 2461)
  20. Minority; do not pass. (SHB 2461)
  21. APPG - Majority; do pass 1st substitute bill proposed by Business & Financial Services. (SHB 2461)
  22. APPG - Executive action taken by committee.
  23. APPG - Majority; do pass 1st substitute bill proposed by Business & Financial Services.
  24. Minority; do not pass.
  25. Referred to Appropriations Subcommittee on General Government & Information Technology. (SHB 2461)
  26. Referred to Appropriations Subcommittee on General Government & Information Technology.
  27. BFS - Majority; 1st substitute bill be substituted, do pass. (SHB 2461)
  28. BFS - Majority; 1st substitute bill be substituted, do pass.
  29. BFS - Executive action taken by committee.
  30. First reading, referred to Business & Financial Services (Not Officially read and referred until adoption of Introduction report).

HB 2461 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